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How much is the remaining mortgage balance at the end of a project if the project is expected to last for 5 years, the mortgage
How much is the remaining mortgage balance at the end of a project if the project is expected to last for 5 years, the mortgage amount required to initiate the project is $792,000, the annual mortgage interest rate is 6.5%, and the original loan term is 30 years?
$660,000 | |
$649,399 | |
$285,421 | |
$741,399 |
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