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Suppose you take out a $ 1 9 9 , 0 0 0 mortgage for 1 5 years at 5 . 6 % interest. (

Suppose you take out a $199,000 mortgage for 15 years at 5.6% interest.
(a) Find the monthly payment on this mortgage. $
(b) Fill out the first two rows of the amortization schedule below. Round your answers to the nearest dollar.
\table[[Payment Number,Interest Payment,Principal Payment,Balance of Loan],[1,$,,],[2,$,,]]
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