Question: You plan to purchase a $ 4 , 5 0 , 0 0 0 house using a 2 0 - year mortgage obtained from your

You plan to purchase a $4,50,000 house using a 20-year mortgage obtained from your bank. The mortgage rate offered to you is 4.25 percent. You will make a down payment of 20 percent of the purchase price. Construct an amortization schedule for the mortgage.

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