A 125000.00 mortgage, 8.5% interest rate, 25 years. What percentage will go toward the repayment of principal over the next 5 years
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A 125000.00 mortgage, 8.5% interest rate, 25 years. What percentage will go toward the repayment of principal over the next 5 years
There are complex calculations here.
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My answer is APPROX = 13.55%.
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