Consider a home mortgage of 250000 at a fixed apr of 6 for


Consider a home mortgage of $250,000 at a fixed APR of 6% for 15 years. What is the monthly payment? What is the total amount paid over the term of the loan of the total amount, what percentage is paid toward the principal? What percent is paid for interest?

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Mathematics: Consider a home mortgage of 250000 at a fixed apr of 6 for
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