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SOLVE WITH FINANCE CALCULATOR: Determine the balance of the following 30 year mortgage at the end of the 5 th year: Mortgage Original Amount Contract
SOLVE WITH FINANCE CALCULATOR:
Determine the balance of the following 30 year mortgage at the end of the 5th year:
Mortgage | Original Amount | Contract Rate | Balance |
A. | 100,000 | 10% |
|
B. | 90,000 | 8% |
|
C. | 80,000 | 12% |
|
D. | 70,000 | 13% |
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