Solved: Knowing that the mortgage is financed with 475 apr what do, Mathematics

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Knowing that the mortgage is financed with 475 apr what do

Assume a home mortgage monthly payment is $1,510 and the balance on the 30-year loan is currently $193,400. Knowing that the mortgage is financed with 4.75% APR, what do you know about the principal and interest portions of this upcoming month's payment?

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