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VI K10 points) You have graduated college and have been working your family you are able to make a sd boo down payment on a

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VI K10 points) You have graduated college and have been working your family you are able to make a sd boo down payment on a $250,000 home for college and have been working in a great company. With help from family. You obtain a $200,000 mortgage for 20 years with an annual interest rate of a. What is the annual principal ardipteres Cayment Payne principal Interest 5% hob. How much of the loan (principal) is paid off during the first year? 50,000 3,54-8.5a c. What is the interest payment during the second year? use Pms finction d. What is the remaining balance after the second year's payment

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