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25 Pay monthly payment on mortgage, interest portion is $1,190 2,050 Annual interest and principal amounts (needed for later Requirement 3) are: Year Payments Interest

25 Pay monthly payment on mortgage, interest portion is $1,190 2,050 Annual interest and principal amounts (needed for later Requirement 3) are: Year Payments Interest Principal 2016 $24,600 $15,500 $9,100 2017 24 600 13.600 11.000

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