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Question Consider the first payment against a $200,000 mortgage that last for 25 years, Fixed repayments are made on a monthly basis. The first row

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Question Consider the first payment against a $200,000 mortgage that last for 25 years, Fixed repayments are made on a monthly basis. The first row of the amortization schedule is shown below Payment # Payment Toterest Debt Payment Balance 1 d 716.67 PI b Calculated, the fixed monthly repayments that are made. Round the interest rate to the nearest tenth of a percent. Give your answer in dollars and cents. Do not include commas or the dollar sign in your

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