New Venture Corporation has taken out a $ 5 million , 30-years, 10 percent mortgage on its new manufacturing facility. How much will New Venture pay each month to discharge his mortgage ? How much of...

New Venture Corporation has taken out a $ 5 million , 30-years, 10 percent mortgage on its new manufacturing facility.How much will New Venture pay each month to discharge his mortgage ?

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  How much of the first payment is for interest, and by how much does it reduce the balance owed ?
  


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  How much of the second payment is for interest, and by how much does it reduce the balance owed ?
  please doing these math full details and correctly