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Assume you obtain a mortgage for $275,000, the term of the loan is for 30 years, it has an annual rate of 8.900%, and you

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Assume you obtain a mortgage for $275,000, the term of the loan is for 30 years, it has an annual rate of 8.900%, and you make payments every month. Please provide the following information: First month's payment (Click to select) First month's interest: (Click to select) First month's principal: (Click to select) Balance at the end of the first month: (Click to select) Total interest paid over the life of the loan: (Click to select)

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