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A mortgage is to be paid off over 17 years, with monthly payments of $1650. The lender advertised a fixed interest rate of 4.95% c/sa
A mortgage is to be paid off over 17 years, with monthly payments of $1650. The lender advertised a fixed interest rate of 4.95% c/sa for the first 5 year term. Calculate the mortgage amount and complete a mortgage amortization schedule for the first two payments and the last two payments.
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