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(1 point) A couple has decided to purchase a $350000 house using a down payment of $22000. They can amortize the balance at 12% over

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(1 point) A couple has decided to purchase a $350000 house using a down payment of $22000. They can amortize the balance at 12% over 20 years. a) What is their monthly payment? Answer $ b) What is the total interest paid? Answer = $ c) How much of their first payment went toward paying interest? Answer $ d) How much of their first payment went toward paying the balance of the loan. Answer $

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