Question: The remaining balance on a 30-year, $100,000 Fixed-rate mortgage loan financed at 8 percent after the 180th payment is (no calculation necessary) a. $100,000 b.

The remaining balance on a 30-year, $100,000 Fixed-rate mortgage loan financed at 8 percent after the 180th payment is (no calculation necessary)

a. $100,000

b. $50,000

c. $76,782

d. $23,219

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