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Homework: chapter 5 Save Score: 0 of 1 pt 21 of 40 (37 complete) HW Score: 78.81%, 31.52 of 40 pts XP 5-21 (similar to)

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Homework: chapter 5 Save Score: 0 of 1 pt 21 of 40 (37 complete) HW Score: 78.81%, 31.52 of 40 pts XP 5-21 (similar to) Question Help You have just sold your house for $900,000 in cash. Your mortgage was originally a 30-year mortgage with monthly payments and an initial balance of $700,000. The mortgage is currently exactly 1872 years old, and you have just made a payment. If the interest rate on the mortgage is 6.25% (APR), how much cash will you have from the sale once you pay off the mortgage? (Note: Be careful not to round any intermediate steps less than six decimal places.) Cash that remains after payoff of mortgage is (Round to the nearest dollar.)

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