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Sophie signs a mortgage for $250,000.00 at 9% c.m. to be amortized with equal monthly payments over 20 years, term 4 years. On the 1st

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Sophie signs a mortgage for $250,000.00 at 9% c.m. to be amortized with equal monthly payments over 20 years, term 4 years. On the 1st and 2nd anniversary dates she makes an additional payment of $25.000.00 each time without penalty Calculate the balance at the end of the term

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