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You decide to buy a house for $350,000. The mortgage is for 30 years at an annual interest rate of 7% with equal monthly payments
You decide to buy a house for $350,000. The mortgage is for 30 years at an annual interest rate of 7% with equal monthly payments and no change in the rate charged. What is the principal owed on this house after 15 years? Give your answer in dollars but do not type in a dollar sign
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