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A mortgage, in the amount of $120,090, is contracted for a period of 20 years, to finance the purchase of a building on

Posted: Mon Apr 25, 2022 8:17 am
by answerhappygod
A mortgage, in the amount of $120,090, is contracted for a
period of 20 years, to finance the purchase of a building on a
monthly basis. The nominal rate is 6%. The interest portion in the
30th payment will be?