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

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

a $100,000, 38-year, 4.7% mortgage after 10 years

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