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I know it's hard to read so the question says: Marcel Thiessen purchased a home for $202,800 and obtained 15-year fixed rate mortgage at

I know it's hard to read so the question says: " Marcel Thiessen purchased a home for $202,800 and obtained 15-year fixed rate mortgage at 8% after paying a down payment of 10%. Of the first month's mortgage payment, how much interest and how much is applied to the principal?

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14. [-/2 Points] DETAILS AUFEXC4 11.5.017. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Marcel Thiessen purchased a home for $202,800 and obtained a 15-year, fixed-rate mortgage at 8% after paying a down payment of 10%. Of the first month's mortgage payment, how much is interest and how much is applied to the principal? (Round your answer to the nearest cent.) interest applied to the principal Need Help? Read It

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