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John has a level-payment mortgage loan with 12 years remaining, at an interest rate of 6% with a payment of $1,000/monthly. John's mortgage balance is:

John has a level-payment mortgage loan with 12 years remaining, at an interest rate of 6% with a payment of $1,000/monthly. John's mortgage balance is:

$97,240

$87,871

$76,137

$102,475

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