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Suppose you borrow $150,000 to buy a house, to be paid back over 30 years in monthly payments. If the 30 year mortgage interest rate

Suppose you borrow $150,000 to buy a house, to be paid back over 30 years in monthly payments. If the 30 year mortgage interest rate is 8%, complete the following information corresponding to the 36thpayment.

Loan payment

Interest

Repayment of principle

End of the year loan balance

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