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Complete the first two months of an amortization schedule for the fixed-rate mortgage. Mortgage: $118,850 Interest rate: 3.75% Term of loan: 19 years Complete the
Complete the first two months of an amortization schedule for the fixed-rate mortgage. Mortgage: $118,850 Interest rate: 3.75% Term of loan: 19 years Complete the first two payments of the amortization schedule below. (Do not round until the final answer. Then round to the nearest cent as needed.) Payment Total Interest Principal Balance of Principal Number Payment Payment Payment 1 $ $ N
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