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An investor buys a property for $608,000 with a 25-year mortgage, 8.10% APR, and monthly payments of $4,733. After 75 months (which means she made

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An investor buys a property for $608,000 with a 25-year mortgage, 8.10% APR, and monthly payments of $4,733. After 75 months (which means she made 75 payments), the investor wants to resell the property. What is the minimum price for which she can sell the property so that she can cover the remaining balance on the mortgage? N = 300 I/Y = PV = 520853 PMT= FV = 970562 Your Answer = A A

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