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What is the balloon payment for an $50,000, 6%, Balloon Mortgage if the term is 10 years and the amortization is 30 years? Select one:

What is the balloon payment for an $50,000, 6%, Balloon Mortgage if the term is 10 years and the amortization is 30 years?

Select one:

a. $23,098.92

b. $41,842.08

c. $35,234.09

d. $2,345.94

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