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You borrowed $ 6 0 0 , 0 0 0 for 3 0 years under an interest - only mortgage at an interest rate of

You borrowed $600,000 for 30 years under an interest-only mortgage at an interest rate of 6%. Which of the following is the closest to the outstanding balance after 10 years (120 months)?
$360,000
$502,115
$600,000
$1,080,000
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