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You take out a 3 0 - year $ 1 1 0 , 0 0 0 mortgage loan with an APR of 9 % and

You take out a 30-year $110,000 mortgage loan with an APR of 9% and monthly paymentsIn 13 years you decide to sell your house and pay off the mortgage. What is the principal balance on the loan? (Round the monthly loan payment to 2 decimal places when computing the answer . Round your answer to 2 decimal places.)

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