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23) Evan purchased a house and obtained a $640,000 fully amortized level payment 15 -year mortgage. The mortgage's annual interest rate is 4.08%. What will
23) Evan purchased a house and obtained a $640,000 fully amortized level payment 15 -year mortgage. The mortgage's annual interest rate is 4.08%. What will be Evan's monthly blended principal and interest payment? 24) Using the information from 9) above, determine how much of the total payment is principal? And how much of the total payment is interest? Prepare the amortization table for months 1,2 , and 3
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