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( Components of an annuity payment ) You take out a 3 0 - year mortgage for $ 3 3 0 , 0 0 0
Components of an annuity payment You take out a year mortgage for $ to buy a new house. a What will your monthly payments be if the interest rate on your mortgage is percent Use a spreadsheet to calculate your answer. b Now, calculate the portion of the th monthly payment that goes toward interest and principal. Use five decimal places for the monthly interest rate in your calculations.
I solved A: it is please solve b
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