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You have a 20-year, $225,000 mortgage at 4% interest. What is the amount of your mortgage prepayment. If you pay $1,700 as your second mortgage

You have a 20-year, $225,000 mortgage at 4% interest. What is the amount of your mortgage prepayment.

If you pay $1,700 as your second mortgage payment?

Assume your first payment was the agreed upon amount?

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