Narrative 14-2
For problems in this section, use Table 14-1 from your text to find monthly mortgage payments.
-Refer to Narrative in your text 14-2. You have a mortgage of $79,000 at 6% for 20 years. Find the monthly payments and the total interest. Calculate total interest for your answer.

Question

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The Answer of Narrative 14-2
For problems in this section, use Table 14-1 from your text to find monthly mortgage payments.
-Refer to Narrative in your text 14-2. You have a mortgage of $79,000 at 6% for 20 years. Find the monthly payments and the total interest. Calculate total interest for your answer.

Narrative 14-2 For Problems in This Section, Use Table 14-1 from Your