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An investor buys a property for $621,000 with a 25-year mortgage and monthly payments at 8.9% APR. After 18 months the investor resells the property
An investor buys a property for $621,000 with a 25-year mortgage and monthly payments at 8.9% APR. After 18 months the investor resells the property for $683,421. How much cash will the investor have made from the sale, once the mortgage is paid off? O A. $73,224 B. $58,579 O C. $102,513 OD. $146,447
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