Question: You have 4 2 5 , 0 0 0 , zero - points, 1 5 - year, annual payment mortgage, at a 6 . 6
You have
zero
points,
year, annual payment mortgage, at a
interest rate. except with Monthly Payments instead of annual payments. What is the amount of monthly interest paid on the
th Monthly payment on this mortgage? What is theprincipal reduction in the mortgage loan balance on the
th Monthly payment on this mortgage? Could you do it in excel
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