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Suppose you have taken out a $1,648,145 fully amortizing fixed rate mortgage loan that has a term of 25 years and an interest rate of

Suppose you have taken out a $1,648,145 fully amortizing fixed rate mortgage loan that has a term of 25 years and an interest rate of 5.15%. After your first mortgage payment, how much of the original loan balance is remaining?

Can you please show how to do this problem on excel?

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