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Compute the final balloon payment (due at the end of the mortgage) on a 7-year $607,000 mortgage with a quoted APR of 4.63% that has
Compute the final "balloon" payment (due at the end of the mortgage) on a 7-year $607,000 mortgage with a quoted APR of 4.63% that has constant monthly payments of $3241 dollars per month for 7 years.
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