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Suppose you make monthly mortgage payments of $1,345 and have 11 years left on the mortgage (next payment due next month). Assuming a 6.6% stated

Suppose you make monthly mortgage payments of $1,345 and have 11 years left on the mortgage (next payment due next month). Assuming a 6.6% stated annual interest rate for the mortgage, how much would you need today to pay off the mortgage? Please show your detailed solution.

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