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4. Approximately how much of the first payment will be interest for a $259,000, thirty year mortgage, 3.42% APR, annual payments? A.) $13,941.38 B.) $11,421.90
4. Approximately how much of the first payment will be interest for a $259,000, thirty year mortgage, 3.42% APR, annual payments?
| A.) | $13,941.38 | |
| B.) | $11,421.90 | |
| C.) | $9,753.65 | |
| D.) | $8,857.80 |
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Public Finance And Public Policy
Authors: Jonathan Gruber
6th Edition
1319105254, 9781319105259
