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Amna has a housing loan of $50,000 over 15 years with a 6% interest rate. According to the Bank he will be paying $422 monthly
Amna has a housing loan of $50,000 over 15 years with a 6% interest rate. According to the Bank he will be paying $422 monthly on this loan. What is the amount of interest and principal for the first and second installment?
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