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You plan to purchase a house valued at $720,000.00 using a 20-year mortgage obtained from your local credit union. The mortgage rate offered to you
You plan to purchase a house valued at $720,000.00 using a 20-year mortgage obtained from your local credit union. The mortgage rate offered to you is 4.20%. You will make a down payment of 20.00% of the purchase price. NEED ASAP
a) Calculate the amount of interest and principal paid for payment 30.
b) Calculate the amount of interest and principal paid for payment 200.
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