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29 September, 13:44

Jill is considering a 7/23 balloon mortgage with an interest rate of 3.5% to

purchase a house for $265,000. What will be her monthly payment for the first

7 years of the balloon mortgage?

A. $1189.97

B. $1640.00

c. $1133.64

D. $1245.98

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Answers (1)
  1. 29 September, 16:15
    0
    Answer: A. $1189.97
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