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An investor buys a property for $601,000 with a 25-year mortgage and monthly payments at 7.7% APR. After 18 months the investor resells the property

An investor buys a property for $601,000 with a 25-year mortgage and monthly payments at 7.7% APR. After 18 months the investor resells the property for $658,991. How much cash will the investor have made from the sale, once the mortgage is paid off? A. $56,485 B. $70,606 C. $141,212 D. $98,849

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