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A borrower has a 15-year mortgage loan. Loan amount is $250,000. Annual interest rate is 5%. The payments are made monthly. If she wants to

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A borrower has a 15-year mortgage loan. Loan amount is $250,000. Annual interest rate is 5%. The payments are made monthly. If she wants to p off the loan after 8 years, what would be the outstanding balance on the loan? Multiple Choice 175,500 139,873 146,667 84,686

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