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Pey Soon has taken out a 20 year $150 000 mortgage with monthly payments ( Made at the end of each month) at a stated
Pey Soon has taken out a 20 year $150 000 mortgage with monthly payments ( Made at the end of each month) at a stated mortgage rate of 6.8 % per year compounded semi annually. If she makes each payment on time, what will be the mortgage principal remaining after 10 years?
Please provide an answer with formulas
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