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You take out a 20-year $300,000 mortgage loan

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Question

You take out a 20-year $300,000 mortgage loan with an APR of 12% and monthly payments. In 10 years you decide to

sell your house and pay off the mortgage. What is the principal balance on the loan?(Round the monthly loan payment to 2 decimal places when computing the answer. Round your answer to 2 decimal places.)

What is the principle balance on the loan?

 
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