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Youre tremendously successful in your career and considering buying a new home that costs $2,950,000. You plan to make a 20% down payment and finance
Youre tremendously successful in your career and considering buying a new home that costs $2,950,000. You plan to make a 20% down payment and finance the remainder with a 30-year mortgage making monthly payments. The interest rate is 4%. Complete the first two lines of the amortization table:
Month 1 & 2 Mortgage Payment, Interest, Principal, Remaining Principal
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