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Eighteen years ago, George Jetson borrowed $525,000 to buy a house in California. The interest rate...

Eighteen years ago, George Jetson borrowed $525,000 to buy a house in California. The interest rate on his 30 year, monthly payment loan, was 6.375% p.a. Assuming that George made all of his required monthly payments on time, what is the payoff on his loan immediately after he made his most recent payment (i.e., payment number 216)?

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