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Mathematics, 24.03.2021 19:50 nolam123

Beth and Bryce sign on a $205,000 mortgage at a 5% annual interest rate for 30 years. This results in a monthly payment of $1100.48. If only the minimum payment is made in month one, how much of the first payment goes toward reducing her balance?

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Beth and Bryce sign on a $205,000 mortgage at a 5% annual interest rate for 30 years. This results i...

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