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edura D Question 22 1B. Referring to scenario 1 above, what is the mortgage balance in 4-years? O 132,024 O 118,175 O 125.799 0 138,770

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edura D Question 22 1B. Referring to scenario 1 above, what is the mortgage balance in 4-years? O 132,024 O 118,175 O 125.799 0 138,770 0 113,944 Scenario ha You financed a property acquisition with a $150,000, 30-year, 4.0% fixed rate mortgage (FRM) with monthly compounding and monthly payments. The loan is fully amortizing. The loan has a $1,000 loan origination fee. The lender expects the borrower to repay the loan at the end of 4 years. WAL

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