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A $ 2 5 0 , 0 0 0 property is purchased for $ 5 0 , 0 0 0 down with the remainder mortgaged

A $250,000 property is purchased for $50,000 down with the remainder mortgaged at 3.00% compounded monthly. This mortgage will require end-of-month payments of $2,600.Full solutions are required for parts (a) and (c).a. How long, in years and months, will it take to fully pay for this property?0 years and 0 monthsRound to nearest monthb. Create a partial amortization schedule, showing details of the last three payments. No calculations need to be shown for this part.Payment #Amount PaidInterest PortionPrincipal PortionPrincipal Balance0$0.000$0.00$0.00$0.00$0.000$0.00$0.00$0.00$0.000$0.00$0.00$0.00$0.00c. Calculate the total amount of interest paid over the entire mortgage.$0.00Round to nearest cent

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