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An investor buys a property for $ 6 9 0 , 0 0 0 with a 2 5 - year mortgage and monthly payments at

An investor buys a property for $

690, 000

with a

25 -

year mortgage and monthly payments at

7.7 %

APR. After

18

months the investor resells the property for $

755, 289 .

How much cash will the

investor have from the sale, once the mortgage is paid off?

.

113, 294

.

64, 739

.

161, 848

.

80, 924

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