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A borrower and a lender agree on a $ 2 2 0 , 0 0 0 loan at 7 percent interest. An amortization schedule of

A borrower and a lender agree on a $220,000 loan at 7 percent interest. An amortization schedule of 25 years has been agreed on; however, the lender has the option to "call" the loan after five years.Required:If called, how much will have to be paid by the borrower at the end of five years? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)ookrintBalance at the end of 5 years

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