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Given: The Monroes have a 3 0 Year fixed Mortgage at 5 . 2 5 % . As of December 3 1 , 2 0

Given: The Monroes have a 30 Year fixed Mortgage at 5.25%. As of December 31,2021 the balance on their mortgage was $139,937.00. They paid $10,267 per year toward their mortgage in principal and interest, $2,657 in property taxes, and $1,739 and homeowners insurance. Question: 4. Assuming the Monroes have always made their mortgage payments exactly as agreed, how much was their original mortgage?

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