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Alesha is wondering what she will be owing on her mortgage at the end of the five year term. She has a $488,000 mortgage with
Alesha is wondering what she will be owing on her mortgage at the end of the five year term. She has a $488,000 mortgage with a semi-annual interest rate of 5.1%, amortized over 25 years. If she continues paying the same payment based on the 25 year amortization, what will she owe at the end of the five year term?
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