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Business, 19.07.2021 20:40 justicejesusfreak

John House has taken a 20-year, $250,000 mortgage on his house at an interest rate of 6 percent per year. What is the remaining balance (or value) of the mortgage after the payment of the fifth annual installment?

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John House has taken a 20-year, $250,000 mortgage on his house at an interest rate of 6 percent per...
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