Question: FRM. (Term=30 years, Note Rate = 4.00%, Loan Amount = 800,000, Points=2) How much of the 22th payment goes to interest? please write out how
FRM. (Term=30 years, Note Rate = 4.00%, Loan Amount = 800,000, Points=2) How much of the 22th payment goes to interest?
please write out how the solution was found
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