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I see that your website has solved the same problem however the numbers differ slightly in this problem Do the Math 9.5 Muestrating Amortization Heather
I see that your website has solved the same problem however the numbers differ slightly in this problem
Do the Math 9.5 Muestrating Amortization Heather Melntosh of Watertown, South Dakota, recently purchased a home for S205.000. She put $22.500 down and took out a 25-year loan at 4.5 percent interest. Round your answers to the nearest cent Use Table 9.4 to determine her monthly payment. Round Estimating Mortgage Loan Payments for Principal and Interest in your intermediate calculations to four decimal places b. How much of her first payment will go toward interest and principal? Interest will be s Principal will be s How much will she owe after that first month? (Hint: Use the logic of Table 9.2.) How much will she owe after three months? Do not round intermediate calculations (Hint: Use the logic of Table 9.2.) 1. App WhaStep by Step Solution
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