You borrow $400,000 to buy a house over a 20-year term. The loan is structured as...

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You borrow $400,000 to buy a house over a 20-year term. The loan is structured as an amortized loan with annual payments and an interest rate of 10%. Complete the cells in the amortization schedule, below. Year Payment ($) 1 2 Interest in Payment ($) Principal Repaid ($) Principal Owing at End of Year ($) You borrow $400,000 to buy a house over a 20-year term. The loan is structured as an amortized loan with annual payments and an interest rate of 10%. Complete the cells in the amortization schedule, below. Year Payment ($) 1 2 Interest in Payment ($) Principal Repaid ($) Principal Owing at End of Year ($)