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Item $26$

Problem $21-8$ Mortgage Interest $($LO$1,$ CFA$1)$

A $20-$year, $$205,000$ mortgage has a rate of $4\mathrm{.}95$ percent.

What are the interest and principal portions in the first payment?

Note: Do not round intermediate calculations. Round your answers to $2$ decimal places.

What are the interest and principal portions in the second payment?

Note: Do not round intermediate calculations. Round your answers to $2$ decimal places.