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Create a loan repayment schedule for a mortgage of $400,000 and payments of $1200 made biweekly. Assume a rate of interest of 6.25% per year
Create a loan repayment schedule for a mortgage of $400,000 and payments of $1200 made biweekly. Assume a rate of interest of 6.25% per year compounded biweekly. Include only the first 3 rows and the last 3 rows of the schedule. What is the interest portion of the final payment
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