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Jay Aguire just purchased a summer cabin for $180,000 - putting 20% down and financing the remainder at 6% for 30 years. What is
Jay Aguire just purchased a summer cabin for $180,000 - putting 20% down and financing the remainder at 6% for 30 years. What is Jay's remaining loan balance after month two's payment? (Round steps/calculations to three decimal places) Month Loan Balance Payment Interest Principal 0 1 2 $143,982 $143,712 $142,561 $142,273
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