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1 point) Jeremy takes out a 30-year mortgage of 190000 dollars at a nominal rate of interest of 6.5 percent convertible monthly, with the first

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1 point) Jeremy takes out a 30-year mortgage of 190000 dollars at a nominal rate of interest of 6.5 percent convertible monthly, with the first payment due in one month. How much does he owe on the loan immediately after the 87 th payment? Answer = dollars

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