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Complete the first month of the amortization schedule for a fixed - rate mortgage. Mortgage: $ 1 0 2 , 0 0 0 Interest rate:

Complete the first month of the amortization schedule for a fixed-rate mortgage.
Mortgage: $102,000
Interest rate: 5.0%
Term of loan: 10 years
Click the icon to view the Real Estate Amortization Table.
\table[[\table[[Payment],[Number]],Amortization Schedule],[Total Payment,Interest Payment,Principal Payment,Balance of Principal],[1,(a) $,(b) $,(c) $,(d) $
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