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If a borrower took out a 30-year mortgage for $150,000 at 6.0% approximately how much of the first payment would go toward principal in an
If a borrower took out a 30-year mortgage for $150,000 at 6.0% approximately how much of the first payment would go toward principal in an amortized payment?
Question 12 options:
| $750 |
| $150 |
| $417 |
| $900 |
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