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(Solved): A family borrowed $76,000 to buy a house. The loan was at 6.6% and for 25 years. The monthly payment ...



A family borrowed $76,000 to buy a house. The loan was at 6.6% and for 25 years. The monthly payments were $517.92 each. (a) How much of the first month's payment was interest, and how much was principal? interest $ principal $ (b) What was the total amount paid over the 25 years? $



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