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A 15-year, $150,000 mortgage has a rate of 6 percent. a. What are the interest and principal portions in the first payment? (Do not round

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A 15-year, $150,000 mortgage has a rate of 6 percent. a. What are the interest and principal portions in the first payment? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Interest Principal b. What are the interest and principal portions in the second payment? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Interest Principal

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