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D Question 12 1 pts You just got approved for a $100,000, 30-year loan at 9.875%, which requires monthly constant payment. If you decide to

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D Question 12 1 pts You just got approved for a $100,000, 30-year loan at 9.875%, which requires monthly constant payment. If you decide to consistently make $800 payment each month, which of the following correctly describes the loan balance at the end of the 30- year term? O The balance will be more than 100,000. O The balance will be zero, as it is fully amortized. O The balance will be more than zero but less than 100,000. none of the above is correct

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