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Check my work 7 Problem 21-9 Mortgage Balances (LO1, CFA1) 1.25 points A homeowner takes a 20-year fixed-rate mortgage for $180,000 at 7 percent. After
Check my work 7 Problem 21-9 Mortgage Balances (LO1, CFA1) 1.25 points A homeowner takes a 20-year fixed-rate mortgage for $180,000 at 7 percent. After five years, the homeowner sells the house and pays off the remaining principal. How much is the principal payment? (Do not round intermediate calculations. Round your answer to 2 decimal places.) 8 03:46:58 Principal payment eBook Print References
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