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Shawn and Jonah took out a 30 year mortgage for $332,000 at the APR of 9.4%, compounded monthly. After they had made 13 years of

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Shawn and Jonah took out a 30 year mortgage for $332,000 at the APR of 9.4%, compounded monthly. After they had made 13 years of the payments (156 payments) they decide to refinance the remaining loan balance for 20 years at the APR of 7.1%, compounded monthly. What will be the balance on their loan 6 years after the refinance

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