Business
Business, 06.12.2019 06:31, tjeffers90028

If a mortgage loan is made for $70,000 at 11.5% interest for a period of 25 years, and the monthly pi payment is $711.53 plus $75.47 for taxes and insurance making the total payments $787.00, what is the interest charge for the second monthly payment?

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If a mortgage loan is made for $70,000 at 11.5% interest for a period of 25 years, and the monthly p...

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