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You have just qualified for a mortgage loan of $60,000 with a 10 year amortization period and an ENR of 8.8%. You make monthly payments

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You have just qualified for a mortgage loan of $60,000 with a 10 year amortization period and an ENR of 8.8%. You make monthly payments of $753.58. What will the outstanding balance on the mortgage be after 2 years using the future value of the payments that have been made

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