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[A] What are the monthly payments for a 30-year, 9.00 percent, and fully-amortizing mortgage with initial contract principal of USD 120,000?

[B] Determine the outstanding loan balance after twelve years on the above 30-year, 9.00 percent, USD 120,000 loan with monthly payments?

[C] find out the amount of principal paid down and the amount of interest in the first payment in the above mortgage?

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Category:- Basic Finance
Reference No.:- M916429

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