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Complete the first month of the amortization schedule for a fixed-rate mortgage. Mortgage: $118,000 Interest rate: 9.0% Term of loan: 15 years Click the icon

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Complete the first month of the amortization schedule for a fixed-rate mortgage. Mortgage: $118,000 Interest rate: 9.0% Term of loan: 15 years Click the icon to view the Real Estate Amortization Table. Amortization Schedule Payment Total Payment Interest Payment Principal Payment Balance of Principal Number 1. (a) s (b) $ (b) \& (d) $

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