Question
A homeowner has five years of monthly payments of $1,200 before she has paid off her house. If the interest rate is 8% APR, what
A homeowner has five years of monthly payments of $1,200 before she has paid off her house. If the interest rate is 8% APR, what is the remaining balance on her loan?
A. $71,019
B. $47,346
C. $82,855
D. $59,182
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
14th Edition
1264101597, 9781264101597
