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Julie bought a house with a $ 2 0 0 , 0 0 0 mortgage for 1 0 years being repaid with payments at the

Julie bought a house with a $200,000 mortgage for 10 years being repaid with payments at the end of each month at an interest rate of 6% compounded monthly. Compute the outstanding balance at the end of 5 years immediately after the 60th payment.

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