Valerie has a mortgage of $339,000 through her bank for property purchased. The loan is repaid by end of month payments of $2,786.26 with an interest rate of 6.69% compounded monthly over 17 years. What is the interest paid in the 8th year of the mortgage?
Interest paid in 8th year $ (Enter in a positive amount for your answer.)
Interest paid in 8th year $ (Enter in a positive amount for your answer.)