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QUESTION
At the end of the mortgage (in 30 years), you must make a balloon payment; that is, you must repay the remaining balance on the mortgage. how much will be this balloon payment? hint:
At the end of the mortgage (in 30 years), you must make a balloon payment; that is, you must repay the remaining balance on the mortgage. how much will be this balloon payment? hint: the balloon payment will be in addition to the 30th payment.
