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6 of 9 (6 complete) Score: 0 of 1 pt P 5-21 (similar to) HW Score: 55,56%, 5 of 9 pts Question Help You have

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6 of 9 (6 complete) Score: 0 of 1 pt P 5-21 (similar to) HW Score: 55,56%, 5 of 9 pts Question Help You have just sold your house for $1,100,000 in cash. Your mortgage was originally a 30-year mortgage with monthly payments and an initial balance of $800,000 The mortgage is currently exactly 18 years old, and you have just made a payment. If the interest rate on the mortgage is 5 25% (APR), how much cash will you have from the sale once you pay off the mortgage? (Note: Be careful not to round any intermediate steps less than six decimal places) Cash that remains after payoff of mortgage is $0 (Round to the nearest dollar)

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