Question: Coco has a $ 3 0 0 , 0 0 0 mortgage on her house with a 3 0 - year term at 6 %
Coco has a $ mortgage on her house with a year term at interest. She expects to pay $ this upcoming year, including $ in principal reduction and $ in interest expense. How much of the loan should be classified as a longterm liability?
Enter your answer below to two decimal places.
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