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when you purchased your house, you took out a 30 year mortage with an interest rate of 4.8% per year. the monthly payment on the
when you purchased your house, you took out a 30 year mortage with an interest rate of 4.8% per year. the monthly payment on the mortage is 5916. you have just made a payment and have now decided to pay off the mortage by repaying the outstanding balance. what is the payoff amount if you have lived in the house for 20 years? so there are 10 years left on the mortage? payoff amount is $ ? round to nearest dollar
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