Marie is considering a 3/27 balloon mortgage with an interest rate of 3.95% to purchase a house for $265,000. What will be her balloon payment at the end of 3 years?

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asked Mar 1, 2021 64.1k views

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Marie is considering a 3/27 balloon mortgage with an interest rate of 3.95% to purchase a house for $265,000. What will be her balloon payment at the end of 3 years?

Mathematics
middle-school

Cornel Ghiban asked

by Cornel Ghiban

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1 Answer

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Answer:250,302.14

Explanation:

Decyclone answered Mar 6, 2021

by Decyclone

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