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Andrew has been paying interest-only payments on his mortgage of $500 a month for the past 10 years, the interest rate on the loan was

Andrew has been paying interest-only payments on his mortgage of $500 a month for the past 10 years, the interest rate on the loan was 4%. At year 15, he will be required to pay a balloon payment (assuming that the balloon payment is what remains of the balance). The principal balance at the time the loan closed was $172,000. What will be the balloon payment?

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