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Current Attempt in Progress On January 1 , 2 0 2 4 a company takes out a 5 - year mortgage on a new property

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Current Attempt in Progress
On January 1,2024 a company takes out a 5-year mortgage on a new property in the amount of $549,000 at an annual interest rate
of 6%. There will be a fixed monthly payment payable at the end of each month that will include both interest and principal. The fixed
monthly payment payable is $10,613.71.
(a)
Calculate the amount of interest and principal for the first month's payment. (Round answers to 2 decimal places, eg.15.25.)
Attempts: 0 of 1 used
(b)
The parts of this question must be completed in order. This part will be available when you complete the part above.
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