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Consider a 29-year mortgage loan of $51,260.6347. with an interest rate of 14.00%, assuming monthly payments. The mortgage balance remaining after making 10 payments is

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Consider a 29-year mortgage loan of $51,260.6347. with an interest rate of 14.00%, assuming monthly payments. The mortgage balance remaining after making 10 payments is and the total interest expense for the 9th year is O $3,704.67; 7.230.77 O 52,681.72: 7,093.04 O 46,032.57: 6,473.26 O 47,056.52; 6,335.53 0 51.147.30; 6,886.45

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