Question
a) Assuming that you put some money down, what was your original loan amount (in dollars)? $ 46426 D) What is the outstanding balance
a) Assuming that you put some money down, what was your original loan amount (in dollars)? $ 46426 D) What is the outstanding balance (in dollars) on your loan after making 4 years of payments? $ 22186 c) How much equity (in dollars) do you have in the garden after 4 years? $ X Lubmit Answer Viewing Saved Work Revert to Last Response 76 Points] DETAILS TAMUBUSMATH 6.2.012. 0/6 Submissions Used MY NOTES e years ago, you acquired a 30-year loan of $130,550, charging 6.6% annual interest, compounded monthly, and requiring monthly payments. At this time, interest rates on 15-year loans have dropped to 2.2% APR, compounded monthly, you wish to refinance what you still owe with a new loan at this new rate. ) How much (in dollars) will you be refinancing? Round your answer to the nearest dollar.
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