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You have just arranged for a 1,626,986 mortgage to finance the purchase of a large tract of land. The mortgage has an APR of 8

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You have just arranged for a 1,626,986 mortgage to finance the purchase of a large tract of land. The mortgage has an APR of 8 percent, and it calls for monthly payments over the next 25 Years. However the loan has a 10 Year balloon payment, meaning that the loan must be paid off then. How big will the balloon payment be

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