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Suppose you obtain a 28-year. $320.000 mortgage with an interest rate of 4%. Assume payments are made at the end of each month. Immediately after

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Suppose you obtain a 28-year. $320.000 mortgage with an interest rate of 4%. Assume payments are made at the end of each month. Immediately after the first payment, what will be the principal amount owed on the mortgage? Please show calculations for full credit. A/

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