A borrower is considering selling their home. They have a $350,000 loan amortized over 15...
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A borrower is considering selling their home. They have a $350,000 loan amortized over 15 years at a 5.5% interest rate. They have been paying the mortgage payments for 5 full years. What is the balance of their mortgage at this time? $299.999$263,511$254,961
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