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a mortgage originated 7 years ago with the following terms: 7 0 0 0 0 0 , , 3 % interest rate, 1 5 year

a mortgage originated 7 years ago with the following terms: 700000,,3% interest rate, 15 year term with monthly payments, . Today the market rate of interest similar mortgage loans is 6%, What is the value of this mortgage today? A.365850 B.367850 C.451220 D 330910 E.503100

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