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An investor buys a property for $612,000 with a 25-year mortgage and monthly payments at 8.3% APR. After 18 months the investor resells the property
An investor buys a property for $612,000 with a 25-year mortgage and monthly payments at 8.3% APR. After 18 months the investor resells the property for $672,333. How much cash will the investor have made from the sale, once the mortgage is paid off? O A. $100,850 OB. $144,071 C. $57,629 OD. $72,036
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