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Posted on Jul 20, 2024

You bought a house 3 years ago. To finance the purchase, you took out a mortgage for $275,000. The interest rate on the mortgage is

You bought a house 3 years ago. To finance the purchase, you took out a mortgage for $275,000. The interest rate on the mortgage is 8.3% and the amortization period is 35 years. You chose to make 52 payments per year and each payment is $456.94. Your last payment was yesterday. How much principal remains owing today? The principal that remains owing today is _$

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