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. Suppose you buy a house with a $100,000 loan. The mortgage rate is 6%, the mortgage matures in 30 years. The face value is
. Suppose you buy a house with a $100,000 loan. The mortgage rate is 6%, the mortgage matures in 30 years. The face value is zero. Based on the amortization schedule what is the ending balance at the end of month 1?
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