Given a mortgage of $ 1 2 0 , 0 0 0 at 8 % for 3

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Question:

Given a mortgage of $

120, 000

8 %

for

30

years, by what amount is the principal reduced at the end of the second payment?

Posted Date: May 18, 2024 10:14 PM

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Given a mortgage of $ 1 2 0 , 0 0 0 at 8 % for 3

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