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Mathematics 22 Online
OpenStudy (anonymous):

Stu Reese has a $150,000 7 ½ percent mortgage. His monthly payment is $1,010.10. His first payment will reduce the principal to an outstanding balance of: a)$149,729.40 b)$149,927.40 c)$72.60 d)$149,910.40 e)None of these

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