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An investor buys a property for $612,000 with a 25-year mortgage and monthly payments at 8.8% 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 8.8% APR. After 18 months the investor resells the property for $673,326. How much cash will the investor have made from the sale, once the mortgage is paid off?
A.$ 144 comma 284
$144,284
B.$ 72 comma 142
$72,142
C.$ 57 comma 714
$57,714
D.$ 100 comma 999
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