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mike jones bought a new split-level for $150,000 with 20% down. He decided to use Quicken Loans for his mortgage. Quicken was offering 3 %
mike jones bought a new split-level for $150,000 with 20% down. He decided to use Quicken Loans for his mortgage. Quicken was offering 3 % for 25-year mortgages. Provide Mike with an amortization schedule for three periods. What is the interest, principal, balance of loan outstanding for payment 1 payment 2 payment 3
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