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You just got a 11 year mortgage loan where you will pay $10,628 every year, with an interest rate of 1.62. What is the loan
You just got a 11 year mortgage loan where you will pay $10,628 every year, with an interest rate of 1.62. What is the loan amount that was issued to you? (Hint, when the loan is done in 15 years, you will make your final payment, and not owe anymore money after.)
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