26)

The Millers borrowed $227,000 at 6.15% amoritzed over 27 years, with monthly payments, to buy their tome. The lazn rate of 6.15% is an annual \% rate. What is the loan balance at the end of 20 years (ust after poyment number 2200 . assuming that the monthly principal and interest payments are made as agreed? a. 97937.40 b. 118504.26 c. 106751.77 d. 80308.67 e. 91081.78 f. 72473.68