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Given the following information, determine the remaining balance on the mortgage at the end of 5 years. Amortization: 15 years, fully-amortizing Payments: Monthly, fixed payments

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Given the following information, determine the remaining balance on the mortgage at the end of 5 years. Amortization: 15 years, fully-amortizing Payments: Monthly, fixed payments Original principal balance: $183,470 Annual interest rate: 6.0% $132,688$137,574$139,454$142,893

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