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25 August, 22:33

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

+5
Answers (1)
  1. 26 August, 01:39
    0
    I think it's c yeah it's c for sure
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