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Seven years ago, Carlos took out a mortgage for $ 1 8 5 , 0 0 0 at 5 . 6 % , compounded monthly,
Seven years ago, Carlos took out a mortgage for $ at compounded monthly, for years. He has made all the monthly payments as agreed. What is his current loan balance?
I recognize this is solved already, however it is on excel and am seeking an answer with utilizing formulas andor financial calculators.
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