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An investor buys a property for $608,000 with a 25 -year mortgage and monthly payments at 6.4% APR. After 18 months the investor resells the
An investor buys a property for $608,000 with a 25 -year mortgage and monthly payments at 6.4% APR. After 18 months the investor resells the property for $663,559. How much cash will the investor have made from the sale, once the mortgage is paid off? A. $99,534 B. $56,876 C. $71,096 D. $142,191
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