Mat 104 finance project, math, Marketing Management

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Five years ago, you bought a house for $151,000, with a down payment of $30,000, which meant you took out a loan for $121,000. Your interest rate 5.75% fixed. You would like to pay more on your loan. You check your bank statement and find the following information. Escrow payment $211.13 Principle and Interest payment $706.12 Total Payment $917.25 Current Loan Balance $112,247.47

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