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3.5 pts Question 11 A homeowner bought a property for $300,000 5 years ago. He got a $250,000 loan at 9% for 30 years, the

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3.5 pts Question 11 A homeowner bought a property for $300,000 5 years ago. He got a $250,000 loan at 9% for 30 years, the loan require monthly payments and is fully amortized. Currently mortgage rate for 25-year loan is at 7.5%. There is 2% origination fee charged on the new loan amount. All payments are monthly What is the mortgage balance now? $231.284.77 $239.700.56 522131991 5241.519.11

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