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Mathematics 8 Online
OpenStudy (anonymous):

Can you please help me understand this: your mortgage is $135,400.00 at a 5.25% APR. If you pay $1,500 towards the mortgage each month, how much of your second month's payment is applied to the principal? I don't even know where to begin. I am necessarily looking for the answer, I just need to find out how to start it.

OpenStudy (anonymous):

$1,815.

OpenStudy (anonymous):

Can you please tell me how you got the answer?

OpenStudy (anonymous):

I really want to learn how to do this.

OpenStudy (anonymous):

i just googled it bro

OpenStudy (anonymous):

ok...thank you for your help

OpenStudy (anonymous):

mhm

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