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You took out a 30-year mortgage with an interest rate of 4.8% per year when you purchased a house Your monthly payment on the mortgage
You took out a 30-year mortgage with an interest rate of 4.8% per year when you purchased a house Your monthly payment on the mortgage $1,500. What is the payoff amount if you have lived in the house for 18 years ? (Round to the nearest dollar.)
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