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ames has signed a contract to buy a single family house at Midwood for $800,000. He can put out 25% downpayment. The current 20 year

ames has signed a contract to buy a single family house at Midwood for $800,000. He can put out 25% downpayment. The current 20 year fixed nominal rate is 2.6%, monthly compounding. The mortgage payment is made monthly. What is the ending balance at the end of 150 th month?

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