April is considering a 7/23 balloon mortgage with an interest rate of 4.15% to
purchase a house for $197,000. What will be her balloon payment at the end
of 7 years?
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Home » Mathematics » April is considering a 7/23 balloon mortgage with an interest rate of 4.15% to purchase a house for $197,000. What will be her balloon payment at the end of 7 years?