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Posted on Aug 23, 2024

A borrower has a 2 8 - year mortgage loan for $ 3 9 6 3 6 1 with an interest rate of 4 %

A borrower has a

28 -

year mortgage loan for $

396361

with an interest rate of

4 %

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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