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Your have just sold your house for $ 1 , 1 0 0 , 0 0 0 in cash. Your mortgage was originally a 3

Your have just sold your house for $1,100,000 in cash. Your mortgage was originally a30-year mortgage with monthly payments and an initial balance of $750,000. The mortgage is currently exactly 18.50 yearsold, and you have just made a payment. If the interest rate on the mortgage is 6.25%(APR), how much cash will you have from the sale once you pay off themortgage?
The discount rate is __% per month. (Round to five decimalplaces.)
The monthly mortgage payment is $___.(Round to the nearestcent.)
The remaining balance is $__.(Round to the nearestdollar.)
The cash that remains after payoff of the mortgage is $__.(Round to the nearestdollar.)

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