Question: Question 2 Peter is buying house and will borrow $ 9 0 0 , 0 0 0 . For this mortgage, the amortized loan requires

Question 2
Peter is buying house and will borrow $900,000. For this mortgage, the amortized loan requires annual payments for 6 years at a 4.3% annual interest rate. How much of the first payment goes toward
reducing the principal (to the nearest cent)?
 Question 2 Peter is buying house and will borrow $900,000. For

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