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Mathematics, 12.04.2021 01:00 sammy16940

A mortgage has the terms shown below: Balloon mortgage
$300,000
25/5 balloon
6% annual rate
Initial Monthly Payment: $1932.90
What is the amount of the balloon payment rounded to the nearest dollar?

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Answers: 3

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A mortgage has the terms shown below: Balloon mortgage
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25/5 balloon
6% a...
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