Consider a 20-year 105000 mortgage with a 570 percent, Financial Management

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Consider a 20-year 105000 mortgage with a 570 percent

Consider a 20-year, $105,000 mortgage with a 5.70 percent interest rate. After nine years, the borrower (the mortgage issuer) pays it off. How much will the lender receive? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Lender receives $

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Financial Management: Consider a 20-year 105000 mortgage with a 570 percent

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