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You borrow $100,000 for 10 years. The loan has an APR of 9% with monthly payments. You will make a $20,000 balloon payment at the

You borrow $100,000 for 10 years. The loan has an APR of 9% with monthly payments. You will make a $20,000 balloon payment at the end of the 10-year term. What is the monthly payment?

You borrow $100,000 for 10 years. The loan has an APR of 9% with monthly payments. You will make a $20,000 balloon payment at the end of the 10-year term. What is the monthly payment?

$931.86

$988.16

$1,045.53

$1,103.95

$1,163.41

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