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If interest accrues at an annual rate of 80 percent how

Consider a mortgage with an outstanding balance of $150,000 and a required monthly payment of $1,100.65. If interest accrues at an annual rate of 8.0 percent, how much of the next month's payment will be attributable to principal?

$100.65
$1,000.00
$880.52
$12,000.00

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Business Management: If interest accrues at an annual rate of 80 percent how

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Business Management: If interest accrues at an annual rate of 80 percent how

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