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Wally Bee purchased a new home for $800,000 with a $180,000 down payment. He financed the remainder with a 3% mortgage for 30 years resulting

Wally Bee purchased a new home for $800,000 with a $180,000 down payment. He financed the remainder with a 3% mortgage for 30 years resulting in a $2613.92 monthly payment.

Fill the two-month amortization schedule.

What is the interest portion for month 2?

Month 0 1 2 Loan Balance Payment Interest Principal

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