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Posted on Aug 02, 2024

Suppose you took a $ 1 0 0 , 0 0 0 1 5 - year mortgage at 4 . 6 % ( APR )

Suppose you took a $

100, 000 15 -

year mortgage at

4.6 % (

APR

) 3

years ago. Every month, you make an equal payment to the bank. How much do you still owe the bank now

(

after

36

monthly payments

) ?

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