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You bought a house 2 years ago. To finance thepurchase, you took out a mortgage for $600,000. The interest rate on the mortgage is 3.7%
You bought a house 2 years ago. To finance thepurchase, you took out a mortgage for $600,000. The interest rate on the mortgage is 3.7% and the amortization period is 35 years. You chose to make 12 payments per year and each payment is $2,539.83. Your last payment was yesterday. How much principal remains owingtoday?
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