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For a $450 000 mortgage at j2 = 4.4% amortized over 25 years, determine: (Do not round intermediate calculations. Round your answers to 2 decimal
For a $450 000 mortgage at j2 = 4.4% amortized over 25 years, determine: (Do not round intermediate calculations. Round your answers to 2 decimal places.) a) the level monthly payment required b) the outstanding balance just after the 48th payment c) the principal portion of the 49th payment d) the total interest paid in the first 48 payments
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