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You just acquired a mortgage in the amount of $249,500 at 6.75 percent interest, compounded...

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You just acquired a mortgage in the amount of $249,500 at 6.75 percent interest, compounded monthly. Equal payments are to be made at the end of each month for thirty years. How much of the first monthly payment pays down the principle? (Assume each month is equal to 1/12 of a year) A. $1,403.44 B. $693.06 C. $214.81 D. $1,618.25 19. ehaees hocauce uo want to get this

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