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    Exam 5: Making Automobile and Housing Decisions
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    The Majority of Each Monthly Payment at the Beginning of the Loan
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The Majority of Each Monthly Payment at the Beginning of the Loan

Question 107

Question 107

Multiple Choice

The majority of each monthly payment at the beginning of the loan goes to pay


A) principal.
B) interest.
C) real estate taxes.
D) homeowner's insurance.
E) private mortgage insurance.

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