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You plan to purchase a $ 2 0 0 , 0 0 0 house using a 3 0 - year mortgage obtained from your local

You plan to purchase a $200,000 house using a 30-year mortgage obtained from your local credit union. The mortgage rate offered to you is 6.50 percent. You will make a down payment of 20 percent of the purchase price. (LG 7-4)
a. Calculate your monthly payments on this mortgage. Pmt=1011.308834
b. Construct the amortization schedule for the first six (payments. beg ballance ,payment ,intrest ,princpal, end ballance)
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