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Assume that you take out a 30-year mortgage (360 months) with a face value of $425,000 and a stated annual rate of 2.23%. Given

Assume that you take out a 30-year mortgage (360 months) with a face value of $425,000 and a stated annual rate of 2.23%. Given this information, and assuming no prepayments, determine what percentage of your 153rd monthly payment will go towards interest. 34% 32% 36% 28% 30%

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