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Question #8 of 60 A borrower obtains a $76,000 mortgage loan at 11%% interest. If the monthly payments of $785 are credited first on

Question #8 of 60 A borrower obtains a $76,000 mortgage loan at 11%% interest. If the monthly payments of $785 are credited first on interest and then on principal, what will the balance of the principal be after the borrower makes the first payment? OA) $75,543.66 OB) $75,943.33 OC) $75,215.00 OD) $75,305.28

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