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Business, 16.08.2020 14:01 nerdykitty2927

A home mortgage loan closed on July 1 for $765,000 at 5.5% interest amortized over 25 years at $4,697.77 per month. Using a 360-day year, what would the principal amount be after the monthly payment was made August 1?

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A home mortgage loan closed on July 1 for $765,000 at 5.5% interest amortized over 25 years at $4,69...
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