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After working for a few years with your UCF finance degree, you're ready to buy a $450,000 house. Suppose you pay 20% as a down
After working for a few years with your UCF finance degree, you're ready to buy a $450,000 house. Suppose you pay 20% as a down payment, and you finance the rest for 30 years at 6.5%. What is the balance on your mortgage after you have paid your 200th payment?
$240,225
$289,263
$303,859
$243,087
$237,325
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