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7. You borrowed $100,000 on the basis of 8.4% 30-year loan 15 years ago (monthly compounding). What is the balance of the loan today after
7. You borrowed $100,000 on the basis of 8.4% 30-year loan 15 years ago (monthly compounding). What is the balance of the loan today after 180 monthly payments)? a. $50,000.00 c. $69.784.49 b. $57,213.37 d. $77,826.96
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