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(1 point) Dominic takes out a 30-year mortgage of 140000 dollars at the interest of 7.08 percent compounded monthly, with the first payment due in

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(1 point) Dominic takes out a 30-year mortgage of 140000 dollars at the interest of 7.08 percent compounded monthly, with the first payment due in one month. How much does he owe on the loan immediately after the 110th payment? Answer = dollars. (1 point) A car is purchased for $8500 with $1500 down and a loan to be repaid at $200 a month for 2 years followed by a balloon payment. If the interest rate is 6% compounded monthly, how large will the balloon payment be

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