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Seven years ago, Carlos took out a mortgage for $ 1 8 5 , 0 0 0 at 5 . 6 percent, compounded monthly, for
Seven years ago, Carlos took out a mortgage for $ at percent, compounded monthly, for years. He has made all of the monthly payments as agreed. What is his current loan balance? PLEASE SOLVE USING FINANCIAL CALCULATOR AND NOT A FORMULA NOR EXCEL
A $
B $
C $
D $
E $
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