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19. Dan is buying a house. He puts 20% down on a $220,000 home and finances the rest at 5% payable monthly for 30
19. Dan is buying a house. He puts 20% down on a $220,000 home and finances the rest at 5% payable monthly for 30 years. Prepare the first four rows of an amortization table (including the first three months of payments) for Dan's mortgage and determine how much total interest is paid in the first. three payments. Show work on how you calculate the cells in the table.
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