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A bank has agreed to lend you $840,100 for a home loan. The loan will be fully amortized over 52 years at 10.61%, with.3 points.

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A bank has agreed to lend you $840,100 for a home loan. The loan will be fully amortized over 52 years at 10.61%, with.3 points. The loan payments will be monthly. The closing cost is estimated to be $4,542 Calculate the loan principal. $847.108.42 $847.186.19 $847.183.55 $847.225.24

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