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Suppose you take out a $110,000, 20-year mortgage loan to buy a condo. The interest rate on the loan is 4%. To keep things simple,

Suppose you take out a $110,000, 20-year mortgage loan to buy a condo. The interest rate on the loan is 4%. To keep things simple, we will assume you make payments on the loan annually at the end of each year.

Construct a mortgage amortization.

Construct a mortgage amortization. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Leave no

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