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Assume that you have borrowed $150,000 from the bank at an annual interest rate of 6.25% for 20 years. How much principal is left after
Assume that you have borrowed $150,000 from the bank at an annual interest rate of 6.25% for 20 years. How much principal is left after 10 years of monthly payments: (a) 122,378; (b) 42,329; (c) 97,648; (d) 68,324
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