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A 15-year mortgage has an annual interest rate of 5.35 percent and a loan amount of $155,000. ( Hint: Use the IPMT and PPMT functions

A 15-year mortgage has an annual interest rate of 5.35 percent and a loan amount of $155,000. (Hint: Use the "IPMT" and "PPMT" functions in Excel.) What are the interest and principal for the 60th payment? (Round your answers to 2 decimal places.)

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