A homeowner has five years of monthly payments of $ 1,200 before she has paid...

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Finance

A homeowner has five years of monthly payments of $ 1,200 before she has paid off her house. If the interest rate is 8% APR, what is the remaining balance on her loan?

A. $ 47,346

B. $ 82,855

C. $ 71,019

D. $ 59,182

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