In order to reposition the equity in your home, you take out a 30-year, $75,000 mortgage at 9 percent. Assuming one payment of $7,300 per year what is your loan balance at the end of year 19? solutionspile.com

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In order to reposition the equity in your home, you take out a 30-year, $75,000 mortgage at 9 percent.  Assuming one payment  of $7,300 per year what is your loan balance at the end of year 19?  solutionspile.com

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