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You purchase a house in East Lansing, MI . You calculate the amount financed to be $ 2 0 3 , 3 1 5 .
You purchase a house in East Lansing, MI You calculate the amount financed to be $ You obtain a year mortgage with an interest rate of and have calculated a monthly payment of $
For the following, round your answer to the nearest cent.
The payment on the principle in the first month is
$
$
$
$
$
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