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Pete and Jane have just made the first $606.10 monthly payment on their 30-year, $105,000 mortgage at 5.65% annual interest, and are curious to know

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Pete and Jane have just made the first $606.10 monthly payment on their 30-year, $105,000 mortgage at 5.65% annual interest, and are curious to know how much of their second payment will go to reduce their principal. Find out by filling in the following blanks in turn. In each case, round your answer to the nearest cent. Amount of first payment that goes to pay interest: Amount of first payment that goes to pay principal: Principal remaining after first payment: Amount of second payment that goes to pay interest: Amount of second payment that goes to pay principal

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