CHAPTER 1

Use the amortization registers of your calculator to find the interest portion of the first monthly payment. A. $2,251.80 B. $1,127.50 C. $1,124.30 D. $558.51. 16. Assume you get a 15-year $165,000 mortgage loan at 8.2% interest, with monthly payments. Use the amortization registers of your calculator to find the balance after payment 100. ................
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