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A mortgage borrower enters into a conventional mortgage contract, in which he borrows $72,200 for 22 years at a rate of 7.99%. What is the

A mortgage borrower enters into a conventional mortgage contract, in which he borrows $72,200 for 22 years at a rate of 7.99%.

What is the mortgage balance after ten years?

A. $51,756.93

B. $43,756.93

C. $53,756.93

D. $54,756.93

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