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You have just purchased a home and taken out a $410,000 mortgage. The morigage has a 30 -year term with monthly payments and an anrual

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You have just purchased a home and taken out a $410,000 mortgage. The morigage has a 30 -year term with monthly payments and an anrual portentage rate (APR) (with semi-annual compounding) of 7.44\%. (Note: Be careful not to round any intermediate steps less then aix decimal places.) a. How much will you pay in interest, and how much will you pay in prinogal, during the first yeac? b. How much will you pay in inierest, and how much will you pay in prinopal, during the twenteth year (ie, between 19 and 20 years from now? a. How much will you pay in interest, and how mach will you pey in principol, during the frst year? During the first year, you will pay an interest payment of 5 (Round to the nearest dollar) Duging the first year, you will pey a principal payment of 5 (Round in the nearest dollat)

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