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You have just negotiated a 5-year mortgage on $318,400 amortized over 25 years at a rate of 2.29% per year compounded semiannually. What are the

You have just negotiated a 5-year mortgage on $318,400 amortized over 25 years at a rate of 2.29% per year compounded semiannually.

What are the principal and interest payments each month for the first two months?

PLEASE I NEED IT SOLVED MANUALLY AND NOT WITH EXCEL AS I AM USING IT TO PRACTICE FOR MY UPCOMING QUIZ.

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