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How much of the loan balance will you pay during the 22nd year of a 30-year $515,000 mortgage with monthly payments and an APR of
How much of the loan balance will you pay during the 22nd year of a 30-year $515,000 mortgage with monthly payments and an APR of 4.875%, assuming you make only the minimum monthly payments?
A. 23,338
B. 21,586
C. 214,448
D. 216,295
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