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Mathematics, 18.05.2021 06:40 Alinakohshsb

Jeff and Jennae have been approved for a $400,000 20 year mortgage with an APR of 4.85%. a. How much of their first monthly payment will go to interest?

b. How much of their first monthly payment will go to principal?

C. How much of their second monthly payment will go to interest?โ€‹

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Jeff and Jennae have been approved for a $400,000 20 year mortgage with an APR of 4.85%. a. How muc...
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