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The current balance on an outstanding mortgage is $272 thousand, and the next expected monthly payment is $3,623, of which %1,211 is accrued interest and
The current balance on an outstanding mortgage is $272 thousand, and the next expected monthly payment is $3,623, of which %1,211 is accrued interest and the rest is scheduled principal repayment. When the payment is received, it is actually in the amount of $6,244. After this payment, what is the balance outstanding on the mortgage? Enter answer in dollars.
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