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Please provide explanation on how to solve! Given the following information on a 30-year fixed-payment loan, determine the remaining balance that the borrower has at

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Given the following information on a 30-year fixed-payment loan, determine the remaining balance that the borrower has at the end of seven years. Interest Rate: 7%, Monthly Payment: $1, 200. $17, 143 $79, 509 $180, 369 $164, 402

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