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Suppose that you take out a $200,000,20-year mortgage loan to buy a condo. The interest rate on the loan is 6%, and payments on the

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Suppose that you take out a $200,000,20-year mortgage loan to buy a condo. The interest rate on the loan is 6%, and payments on the loan are made annually at the end of each year. Given annual payment on the loan is 17,436.91 a. What fraction of your initial loan payment is interest? b. What fraction of the loan has been paid off after 10 years

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