The three rows of an amortization schedule for a home mortgage of $ 160 , 000 at 5.5 % for 25 years with a monthly payment is $ 982.40 .

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Chapter 16.2, Problem 1-3SC

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To calculate: The three rows of an amortization schedule for a home mortgage of $160,000 at 5.5% for 25 years with a monthly payment is $982.40.

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