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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 2.06%. Given this
Assume that you take out a 30-year mortgage (360 months) with a face value of $425,000 and a stated annual rate of 2.06%. Given this information, and assuming no prepayments, determine what percentage of your 153rd monthly payment will go towards interest. 0 28% 0 32% 30% O 36%
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