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You borrow a GPM of $ 1 2 0 , 0 0 0 with annual payments and 3 0 - year term. The interest rate

You borrow a GPM of $120,000 with annual payments and 30-year term. The interest rate is 10%. The payment rises by 2% each year.
Questions:
1. What are the annual payments for years 1 to 30?
2. What is remaining balance at the end of each year?
3. What are the interest payment and principal payment for years 1 to 30?

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