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5. Consider the above information, when the mortgage expires in five years, what is the unpaid balance? (Hint: use 4 decimal places for your calculations.)

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5. Consider the above information, when the mortgage expires in five years, what is the unpaid balance? (Hint: use 4 decimal places for your calculations.) A. $176,489.2656. B. $196,114.7687. C. $157,097.2656. D. $187,097.8752. E. None of the above. Suppose you take out a $175,000 Canadian mortgage to buy a house. The bank offers you a 25-year amortization period, a 5-year term, and a 6-percent annual percentage interest rate (APR)

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