Question
18.A borrower has a 25-year mortgage loan for $200,000 with an interest rate of 3% and monthly payments. If she wants to pay off the
18.A borrower has a 25-year mortgage loan for $200,000 with an interest rate of 3% and monthly payments. If she wants to pay off the loan after 10 years, what would be the outstanding balance on the loan?
$137,336.40
$135,333.30
$125,000.20
4139,445.20
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The Crowdfunding Handbook Raise Money For Your Small Business Or Start Up With Equity Funding Portals
Authors: Cliff Ennico
1st Edition
081443360X, 978-0814433607
