Business, 26.08.2019 23:20 shelly74

7. a borrower obtains a $100,000 mortgage loan for 30 years at a 7.5% interest rate. if the monthly payments of $902.77 are credited first to interest and then to principal, what will be the balance of the principal after the borrower makes the first payment?

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7. a borrower obtains a $100,000 mortgage loan for 30 years at a 7.5% interest rate. if the monthly...

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