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An investor takes out a $706,000 30-year mortgage with monthly payments at 7.10% APR to buy a property. After 24 months the investor resells the
An investor takes out a $706,000 30-year mortgage with monthly payments at 7.10% APR to buy a property. After 24 months the investor resells the property for $967,525. How much cash will the investor have from the sale, once the mortgage is paid off?
Group of answer choices $284,214.56 $277,835.77 $276,110.11 $286,819.27
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