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A borrower takes out a 30-year mortgage loan for $270694 with an interest rate of 11% and monthly payments. What portion (dollar amount) of the

A borrower takes out a 30-year mortgage loan for $270694 with an interest rate of 11% and monthly payments. What portion (dollar amount) of the first month's payment would be applied to interest? QUESTION 4 A borrower takes out a 15 -year mortgage loan for $365859 with an interest rate of 6%. What would the monthly payment be

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