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Assume an initial loan amount of $150,000, an APR of 6.5%, fixed monthly payments, and an amortizartion period of 20 years. What is the outstanding
Assume an initial loan amount of $150,000, an APR of 6.5%, fixed monthly payments, and an amortizartion period of 20 years. What is the outstanding balance on the loan after 60 payments have been paid?
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