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Maria bought a home for $119,000 with a down payment of $19,000. Her rate of interest is 7.5% for 20 years. The balance of the

Maria bought a home for $119,000 with a down payment of $19,000. Her rate of interest is 7.5% for 20 years. The balance of the mortgage at the end of the first month is:

Multiple Choice

None of these

$98,944

$99,819.41

$99,669.76

$625

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