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For a 30-year house mortgage of $400,000 at 4.3% interest, find the following. (Round your final answers to two decimal places.) (a) the amount of
For a 30-year house mortgage of $400,000 at 4.3% interest, find the following. (Round your final answers to two decimal places.) (a) the amount of the first monthly payment that goes to repay principal $ (b) the amount of the 181st month's payment (after 15 years) that goes toward payment of principal $
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Case Studies In Finance
Authors: Robert Bruner, Kenneth Eades, Michael Schill
6th Edition
0073382450, 978-0073382456
