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Assume that you borrowed 5309,000 with a 30-year amortizing loan. The interest rate on the loan is 5.125%. If you have made the required payments
Assume that you borrowed 5309,000 with a 30-year amortizing loan. The interest rate on the loan is 5.125%. If you have made the required payments for the first 47 months, how much do you stii owe on the loan (i.e, what is the remainine principal balance)? You can round your answer to the nearent 5100
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