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A homeowner takes a 15-year fixed-rate mortgage for $110,000 at 7.3 percent. After three years, the homeowner sells the house and pays off the remaining
A homeowner takes a 15-year fixed-rate mortgage for $110,000 at 7.3 percent. After three years, the homeowner sells the house and pays off the remaining principal. How much is the principal payment? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Principal Payment: ________
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