In the previous question, what is the outstanding amount of the loan after eighteen months of mortgage

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In the previous question, what is the outstanding amount of the loan after eighteen months of mortgage payments? Assume you want to pay off your entire (closed, fixed) mortgage after eighteen months.

You must pay a penalty of three months’ interest to “break” the mortgage (i.e., interest that you would pay in the next three months if the loan continued to exist). What is the total amount needed to pay off the loan?

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