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FIN330-701 (Fa21): PRINCIPLES OF FINANCE mathxl.com/student/PlayerHomework.aspx?homeworkId=6049117858 questionid=1&flushed=false&cid=661675 Ryan Luckett | 10/01/21 10:52 PM = Homework: HW 6 Annuity and Perpetuity < Question 3, P6-38

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FIN330-701 (Fa21): PRINCIPLES OF FINANCE mathxl.com/student/PlayerHomework.aspx?homeworkId=6049117858 questionid=1&flushed=false&cid=661675 Ryan Luckett | 10/01/21 10:52 PM = Homework: HW 6 Annuity and Perpetuity < Question 3, P6-38 (simila HW Score: 0%, 0 of 12 points O Points: 0 of 1 Save (Related to Checkpoint 6.3) (Determining the outstanding balance of a loan) Ten years ago you took out a $200,000, 20-year mortgage with an annual interest rate of 8 percent and monthly payments of $1,672.88. What is the outstanding balance on your current loan if you just make the 120th payment? If you just make the 120th payment, the outstanding balance on your current loan is S (Round to the nearest cent.) Help Me Solve This View an Example Get More Help - Clear All Tune here to search. Check Answer 71F Clear A 10:52 PM 10/01/2021

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