Antonio has a mortgage of $442,000 through his bank for property purchased. The loan is repaid by end of month payments of $3,795.53 with an
Antonio has a mortgage of $442,000 through his bank for property purchased. The loan is repaid by end of month payments of $3,795.53 with an interest rate of 6.85% compounded monthly over 16 years. What is the interest paid in the 10th year of the mortgage? Enter a POSITIVE VALUE for the answer, rounded to two decimal places. P1 = P2 = Interest paid in 10th year = $ (enter a positive value) Submit
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