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Seven years ago you took out a $350,000, 20-year mortgage with an annual interest rate of 9 percent (APR) and monthly payments of $3149.04. What

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Seven years ago you took out a $350,000, 20-year mortgage with an annual interest rate of 9 percent (APR) and monthly payments of $3149.04. What is the outstanding balance on your current loan if you always paid exactly the payment amount whne due, and just made payment number 847 O A There is not enough information to calculate the outstanding balance. 8. $85,480.57 OC $491,250 37 OD. $288.987.53

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