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Mathematics, 08.04.2020 02:25 starxx05235

You have just applied, and have been approved for a $175,000 mortgage. The rate quoted to you by the lender is 5.5% for a 30 year fixed mortgage. Use the provided table to determine how much of your first month’s payment goes towards the principal.
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a.
$191.92
c.
$187.32
b.
$190.23
d.
$184.88

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Answers: 1

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