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You took out a 30-year mortgage on a $297,000 home. The mortgage payments are made monthly, and the interest rate is 7% APR. 11 years

You took out a 30-year mortgage on a $297,000 home. The mortgage payments are made monthly, and the interest rate is 7% APR.

11 years later you decide to pay off the loan. What is the balance on your mortgage at this time?

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