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You decide to take out a 20-year mortgage for $350,000 at 5% APR. What are your monthly payments? Complete the amortization table for the first

You decide to take out a 20-year mortgage for $350,000 at 5% APR. What are your monthly payments? Complete the amortization table for the first three months. You are required to show all the steps to find the answers for month 1.

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