Question
An individual is purchasing a $250,000 home. She is making a $50,000 down payment and plans to finance over 30 years at the fixed rate
An individual is purchasing a $250,000 home. She is making a $50,000 down payment and plans to finance over 30 years at the fixed rate of 5%. Her Monthly payment will be $1,073.64. The principal portion of the 201st payment of the loan will be?
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Essentials Of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
13th Edition
0324258755, 9780324258752
