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The house price is $210,000. The fixed mortgage rate quoted is 6.0%. The customer would have the $10,000 down payment, and he would plan to
The house price is $210,000. The fixed mortgage rate quoted is 6.0%. The customer would have the $10,000 down payment, and he would plan to finance the house in 30 years (i.e. 360 payments/months). What is the beginning balance, payment, interest, principle payment, and end balance for the first month? Group of answer choices A. $210,000; 1,199.10; 1,000; 199.10; $199,800.90 B. $200,000; 1,199.10; 1,000; 199.10; $199,800.90 C. $200,000; 1,100; 1,000; 110; $199,890 D. $200,000; 1,199.10; 1,100; 199.10; $199,800.90
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