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Required information You are buying a new home for $416 000. You have an agreement with the savings and loan company to borrow the needed
Required information You are buying a new home for $416 000. You have an agreement with the savings and loan company to borrow the needed money if you pay 20% in cash and monthly payments for 30 years at an interest rate of 8% compounded monthly Answer the following questions Prepare a spreadsheet that will show each payment, how much of each will go to principal and how much to Interest, the current balance, and the cumulative interest paid Please upload your response solution using the controls below
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