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You took out a partially amortizing loan on $400,000. Your monthly payment is 1,000 and you have an interest rate of 2.5%. The loan is
You took out a partially amortizing loan on $400,000. Your monthly payment is 1,000 and you have an interest rate of 2.5%. The loan is amortized over 25 years. What is your remaining balance at the end of those 25 years? A. 356,932 B. 330,637 C. 346,987 O D. 329,463 E. 321,659
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