With a 400k home mortgage loan with a 15 year term at 9 apr


With a $400k home mortgage loan with a 15 year term at 9% APR compounded monthly, compute the total principal payments and total interest (undiscounted) paid over the first 5 years of ownership.

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Finance Basics: With a 400k home mortgage loan with a 15 year term at 9 apr
Reference No:- TGS0609392

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