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10. [-/1 Points] DETAILS AUFEXC4 11.5.036. MY NOTES ASK YOUR TEACHER Suppose you have a 30-year mortgage loan for $119,500 at an annual interest rate

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10. [-/1 Points] DETAILS AUFEXC4 11.5.036. MY NOTES ASK YOUR TEACHER Suppose you have a 30-year mortgage loan for $119,500 at an annual interest rate of 8.25%. For which monthly payment does the amount of principal paid first exceed the amount of interest paid? For this exercise, you will need a spreadsheet program for producing amortization schedules. payment th Need Help? Read It

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