Suppose you bought a new home for $240,000 using a 30 year mortgage with monthly payments of $1,516.96. The annual interest rate of the mortgage is 6.5%. After the first 2 years (24 monthly payments), how much money have you paid in interest and how much in principle?

-7. Suppose you bought a new home for $240,000 using a 30-year mortgage with monthly payments of $1,516.96. The annual interest rate of the mortgage is 6.5%. After the first 2 years (24 monthly payments), how much money have you paid in interest and how much in principal? 00.13 w brod 0.6 to dusen bly bus