Question
A mortgage has an initial balance of $319,000 to be repaid in monthly installments over the next 30 years and an annualized interest rate of
A mortgage has an initial balance of $319,000 to be repaid in monthly installments over the next 30 years and an annualized interest rate of 5.1%. What is the payoff amount immediately following payment #202? Enter your final answer as a positive number rounded to the nearest dollar.
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Regulation And The Credit Rating Agencies Restraining Ancillary Services
Authors: Daniel Cash
1st Edition
036758803X, 978-0367588038
