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Question 16 (10 points) Suppose you take an FRM of $250,000 at 4.5% for 15 years. If you repay this mortgage at the end of

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Question 16 (10 points) Suppose you take an FRM of $250,000 at 4.5% for 15 years. If you repay this mortgage at the end of year four, what is the outstanding balance? $198,829 $232,722 $184,534 $227,894

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