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Jeremy takes out a 30-year mortgage of 210000 dollars at a nominal rate of interest of 7.75 percent convertible monthly, with the first payment due

Jeremy takes out a 30-year mortgage of 210000 dollars at a nominal rate of interest of 7.75 percent convertible monthly, with the first payment due in one month. How much does he owe on the loan immediately after the 87th payment? Answer =? dollars.

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