Mathematics, 03.09.2021 01:20 bria58490

Consider the first payment against a $200,000 mortgage that last for 25 years. Fixed repayments are made on a monthly basis. The first row of the amortization schedule is shown below. Payment # Payment Interest Debt Payment Balance 1 d 716.67 P1 bi 2 Calculate d, the fixed monthly payments that are made. Round your answer to the nearest cent.

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Consider the first payment against a $200,000 mortgage that last for 25 years. Fixed repayments are...