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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

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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 78,148.13;10.822.79 71,319.65;9,103.28 75,871.97:10,114.76 69,802.21;9,305.58

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