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please answer You have just bought a house and have taken out a mortgage (an installment) loan for $500,000. This is a 30 -year loan
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You have just bought a house and have taken out a mortgage (an installment) loan for $500,000. This is a 30 -year loan that requires monthly payments and the first payment is due one month from today. The APR for the loan is 24%. You are interested to know how much of your 200th monthly payment will go toward the repayment of principal? That amount is $762.65$9,586.98$625.64$9,494.78$513.24$9.382.38$421.04$9,245.37 Step by Step Solution
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