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Posted on Sep 11, 2024

A borrower has a 2 5 - year mortgage loan for $ 4 9 7 4 6 1 with an interest rate of 8 %

A borrower has a

25 -

year mortgage loan for $

497461

with an interest rate of

8 %

and monthly payments. If she wants to pay off the loan after

6

years, what would be the outstanding balance on the loan?

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