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What is the balloon payment at the end of the loan term of 7 years for a $200,000 loan with monthly payments, an interest rate
What is the balloon payment at the end of the loan term of 7 years for a $200,000 loan with monthly payments, an interest rate of 7.00%, and an amortization period of 30 Years?
1 $181,847.24
2 $182,609.12
3 $182,295.37
4. $181,973.59
4
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