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Need to enter values as formulas for my answers; 2nd picture is amortization schedule Daniel and Jan agreed to pay $560,000 for a four-bedroom colonial
Need to enter values as formulas for my answers; 2nd picture is amortization schedule
Daniel and Jan agreed to pay $560,000 for a four-bedroom colonial home in Waltham, Massachusetts, with a $60,000 down payment. They have a 30-year mortgage at a fixed rate of 6.00%. Required: Please use the above information and the provided Amortization Chart to answer the below questions: Note: Use cells A4 to 87 from the given information to complete this question. Amortization table (mortgage principal and interest per $1,000 ) Step by Step Solution
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