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Intro You just took out a 15-year traditional fixed-rate mortgage for $400,000 to buy a...

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Accounting

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Intro You just took out a 15-year traditional fixed-rate mortgage for $400,000 to buy a house. The interest rate is 6% (APR) and you have to make payments monthly. Part 1 Attempt 1/6 for 5 pts. What is your monthly payment? 0+ decimals Submit Part 2 Attempt 1/6 for 5 pts. How much of your first monthly payment goes towards paying down the outstanding balance (in $)? 0+ decimals Submit Part 3 How much of your 13th monthly payment goes towards paying down the outstanding balance (in $)? Attempt 1/6 for 5 pts. Intro You just took out a 15-year traditional fixed-rate mortgage for $400,000 to buy a house. The interest rate is 6% (APR) and you have to make payments monthly. Part 1 Attempt 1/6 for 5 pts. What is your monthly payment? 0+ decimals Submit Part 2 Attempt 1/6 for 5 pts. How much of your first monthly payment goes towards paying down the outstanding balance (in $)? 0+ decimals Submit Part 3 How much of your 13th monthly payment goes towards paying down the outstanding balance (in $)? Attempt 1/6 for 5 pts

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