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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 mortgage

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?

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