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You have just purchased a home and taken out a $ 5 0 0 , 0 0 0 mortgage. The mortgage has a 3 0
You have just purchased a home and taken out a $ mortgage. The mortgage has a year term with monthly payments and an APR with semiannual compounding of Calculate the monthly mortgage payment and complete the amortization schedule for the first months. Show appropriate calculation to support your answer.
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