What is the balance in five years of a mortgage with monthly payments, an initial loan...
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What is the balance in five years of a mortgage with monthly payments, an initial loan amount of $125,000, a loan term of 25 years, and an interest rate of 9.75% per year? What is the balance in five years of a mortgage with monthly payments, an initial loan amount of $125,000, a loan term of 25 years, and an interest rate of 9.75% per year?
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