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An investor buys a property for $629,000 with a 25-year mortgage and monthly payments at 7.1% APR. After 18 months the investor resells the property
An investor buys a property for $629,000 with a 25-year mortgage and monthly payments at 7.1% APR. After 18 months the investor resells the property for $688,273. How much cash will the investor have made from the sale, once the mortgage is paid off? O A. $58,995 B. $103,241 O C. $73,743 OD. $147,487
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