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at pr 127,000 6,000$ 121,000.00 6.50% 30ト$ 764 80 Next > 《 Prev
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Answer #1
Annual rate of interest 6.50%
Loan amount 121000
Monthly payment 764.8
Interest included in first payment 655.42
(121000 *6.50%*1/12)
Principal amount repaid 109.38
(764.80-655.42)
Balance Outstanding (121000-109.38) 120890.6
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