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Shirley Tremble buys a house for $187,600. She puts 20% down and obtains a simple interest amortized loan for the balance at 11.375% interest for
Shirley Tremble buys a house for $187,600. She puts 20% down and obtains a simple interest amortized loan for the balance at 11.375% interest for thirty years. Ten years and six months later, she sells her house. Find the unpaid balance on her loan.
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