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You have a 25-year mortgage at 5% interest. The initial loan amount was $250,000. By how much did the principal decrease over the first 10
You have a 25-year mortgage at 5% interest. The initial loan amount was $250,000. By how much did the principal decrease over the first 10 years of the loan? Payments are made monthly. Multiple Choice $61,345 $64,580 $65,189 $66,453 $68,618
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