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Homework: Mort - PRN - CFO Save Score: 0 of 1 pt 1 of 1 (1 complete) HW Score: 0%, 0 of 1 pt X

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Homework: Mort - PRN - CFO Save Score: 0 of 1 pt 1 of 1 (1 complete) HW Score: 0%, 0 of 1 pt X Problem 4.LO4.13 (similar to) Question Help You bought a house 4 years ago. To finance the purchase, you took out a mortgage for $725,000. The interest rate on the mortgage is 8.9% and the amortization period is 35 years. You chose to make 24 payments per year and each payment is $2,766.54. Your last payment was yesterday. How much principal remains owing today? The principal that remains owing today is $ ?? (Round to the nearest cent as needed.)

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