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A 30 year fixed 4.125% interest rate mortgage in the amount of $550,000 is used to purchase a home. What is the mortgage balance at
A 30 year fixed 4.125% interest rate mortgage in the amount of $550,000 is used to purchase a home. What is the mortgage balance at the end of month 180? Group of answer choices
a)$0
b)$549,225
c)$357,331
d)$342,532
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