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Consider a 2 6 - year mortgage loan of $ 7 6 , 0 7 5 . 7 6 4 8 , with an interest

Consider a 26-year mortgage loan of $76,075.7648, with an interest rate of 14.00%, assuming monthly payments. The mortgage balance remaining after making 8 payments is and the total interest expense for the 8th year is
79,665.57;10,620.50
71,319.65;9,103.28
75,871.97;10,114.76
78,148.13;10,822.79
69,802.21;9,305.58
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