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A family takes out a mortgage for $277,900.00 from the local bank. The loan is for 30 years of monthly payments at a 3.84% APR

A family takes out a mortgage for $277,900.00 from the local bank. The loan is for 30 years of monthly payments at a 3.84% APR (monthly compounding). What will the familys balance be on the mortgage after 7.00 years?

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