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What is the outstanding balance of a $516,47610-year interestonly fixed rate mortgage loan at 4.58% with 5 point in origination fees and annual payments if
What is the outstanding balance of a $516,47610-year interestonly fixed rate mortgage loan at 4.58% with 5 point in origination fees and annual payments if prepaid after the 4th year? Please round your answer to the nearest cent (ie, two digits right of the decimal)
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