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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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