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You took a 30-year half-million-dollar mortgage at 3% per year. What percent of your last payment goes to reduce principal? A. 99.75 B. 92.75 C.
You took a 30-year half-million-dollar mortgage at 3% per year. What percent of your last payment goes to reduce principal?
A. 99.75
B. 92.75
C. 95.75
D. 97.75
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Introduction To Derivatives And Risk Management
Authors: Robert Brooks, Don M Chance
9th Edition
1133190197, 978-1133190196
