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Answer for 16 6. You get a 20 -year $600,000 mortgage loan at 7.5% interest. Use your financial calculator to determine your monthly payment. Then,

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6. You get a 20 -year $600,000 mortgage loan at 7.5% interest. Use your financial calculator to determine your monthly payment. Then, assuming your first payment is due March 1 , find interest, principal, and remaining balance for each of the first 3 calendar-years

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