You take out a 800000 amortized loan for your new beach
You take out a $800,000 amortized loan for your new beach house. You will make equal annual payments at the end of each of the next 10 years. The interest rate is 8%. How much of the first annual payment will be principal reduction?
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you take out a 800000 amortized loan for your new beach house you will make equal annual payments at the end of each of
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