Question: Hello can you help me with this problem? thank you! You borrow $400,000 to buy a house over a 20-year term. The loan is structured

Hello can you help me with this problem? thank you!

Hello can you help me with this problem? thank you! You borrow

You borrow $400,000 to buy a house over a 20-year term. The loan is structured as an amortized loan with annual payments and an interest rate of 8%. Complete the cells in the amortization schedule, below. Interest in Principal Principal Owing at Year Payment ($) Payment ($) Repaid ($) End of Year ($) No Interest in Principal Principal Owing at Year Payment ($) Payment ($) Repaid ($) End of Year ($) 1 (Round to the nearest cent.)

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