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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?
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Mar 1, 2021
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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
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Cornel Ghiban
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Answer:250,302.14
Explanation:
Decyclone
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