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You just purchased a home and taken out a $315,000 mortgage. The mortgage has a 30 year term with monthly payments and has an APR
You just purchased a home and taken out a $315,000 mortgage. The mortgage has a 30 year term with monthly payments and has an APR of 3.9%. The amount of interest that you will pay during the first month of the mortgage is $ (round to two decimal places) The amount of principal that you will pay during the first month of the mortgage is $ (round to two decimal places)
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