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A fully amortizing 3 0 year mortgage loan of $ 7 0 0 , 0 0 0 is made for a 1 0 0 acre

A fully amortizing 30year mortgage loan of $700,000 is made for a 100 acre farm in Cook County at an interest rate of 5%. Constant payments are to be made monthly. If the loan was to be repaid fully over 30 years, but after 10 years the landowner hits a jackpot and decides to pay the loan in full, what would be the loan balance after 10 years? (State your answer rounded to 2 decimals)

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