Question: Intro You borrowed $ 4 0 0 , 0 0 0 at an interest rate of 2 . 2 % , with constant annual payments

Intro
You borrowed $400,000 at an interest rate of 2.2%, with
constant annual payments of both principal and interest over
15 years.
Part 1
Attempt 1/10 for 10 pts.
What is your annual payment?
0+ decima
Part 2
Attempt 110 for 10 pts.
What is the outstanding balance after 8 years?
Intro You borrowed $400,000 at an interest rate of 2.2%, with

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