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The cost of a home is financed with a $110.000 20-year fixed-rate mortgage at 4.5%. Find the monthly payments and the total interest for the
The cost of a home is financed with a $110.000 20-year fixed-rate mortgage at 4.5%. Find the monthly payments and the total interest for the loan. Prepare a loan amortization schedule for the first three months of the mortgage. The monthly payment is $. (Do not round until the final answer. Then round to the nearest cent as needed.) The total interest for the loan is $. (Use the answer from part a to find this answer. Round to the nearest cent as needed.) Fill out the loan amortization schedule for the first three months of the mortgage below. Use the answer from part a to find these answers. Round to the nearest cent as needed
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