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For a $250,000 mortgage, with interest rate 6% paid over 25 years, the monthly payment is $1,610.75 . After 2 monthly payments, what is the
For a $250,000
mortgage, with interest rate 6%
paid over 25
years, the monthly payment is $1,610.75
. After 2
monthly payments, what is the balance of the loan?
Round your answer to the nearest dollar.
Do NOT round until you calculate the final answer.
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