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A couple is buying their Dreamhouse for $ 5 8 9 , 6 7 5 they will put 2 0 % down in finance the

A couple is buying their Dreamhouse for $589,675 they will put 20% down in finance the rest with a 30 year mortgage with monthly payments the bank has offered them alone with an interest rate of 4.96% PA with monthly compounding if the couple makes every required payment on time what will be the balance on their loan that is the payoff immediately after they make the 100/10th payment

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