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Determine the outstanding principal of the given mortgage. (Assume monthly interest payments and compounding periods.) HINT [See Example 7.] (Round your answer to the nearest

Determine the outstanding principal of the given mortgage. (Assume monthly interest payments and compounding periods.) HINT [See Example 7.] (Round your answer to the nearest cent.)

A $350,000, 25-year, 4.2% mortgage after 20 years

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