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10 years ago, Cathrine took out a mortgage for $185,000 at 4.9 percent, compounded monthly, for 30 years. She has made all of the monthly
10 years ago, Cathrine took out a mortgage for $185,000 at 4.9 percent, compounded monthly, for 30 years. She has made all of the monthly payments as agreed. What is her current loan balance? (Do not round intermediate calculations; round your final answer to 2 decimal places, e.g., 32.16. Do NOT include "$" in your answer.)
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Finance For IT Decision Makers
Authors: Michael Blackstaff
3rd Edition
1780171226, 978-1780171227
