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4. Mr. O got a 5 year, 100,000 dollars balloon commercial loan. The annual interest rate is 6% and the payments will amortize according to

4. Mr. O got a 5 year, 100,000 dollars balloon commercial loan. The annual interest rate is 6% and the payments will amortize according to a 30-year payment schedule. What will the balance be at end of the 5th year?

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