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I need help Patrick Cantlay just purchased a home for $700,000. His mortgage is a 30 -year mortgage, that requires monthly payments, and has an

I need help
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Patrick Cantlay just purchased a home for $700,000. His mortgage is a 30 -year mortgage, that requires monthly payments, and has an interest rate of 7.8% compounded monthly. How much of Patrick's first mortgage payment will go toward the principal of the loan? Multiple Choico $4,550.00 $586.91 $5,03909 $48909

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