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Posted on Sep 06, 2024

Seven years ago you took out a $ 3 5 0 , 0 0 0 , 2 0 - year mortgage with an annual interest

Seven years ago you took out a $

350, 000, 20 -

year mortgage with an annual interest rate of

9

percent and monthly payments of

3, 149.04 .

What is the outstanding balance on your current loan if you just make the

84

payment

?

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