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Jay used $25,000 as a down-payment to buy a $250,000 house. His loan is a 30 years loan at 6% interest rate. Ten years later,

Jay used $25,000 as a down-payment to buy a $250,000 house. His loan is a 30 years loan at 6% interest rate. Ten years later, end of month 120, he sells the house at $250,000 and repays the outstanding balance. At the end, what is his net proceed (amount received after paying the loan), to the nearest cents?

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