Question
Consider a 30-year, fixed-rate mortgage for $120,000 at a nominal annual rate of 7.5%. If the borrower wants to pay off the remaining balance on
Consider a 30-year, fixed-rate mortgage for $120,000 at a nominal annual rate of 7.5%. If the borrower wants to pay off the remaining balance on the mortgage after making the 36th payment, what is the remaining balance on the mortgage?
| A. | $115,704 | |
| B. | $117,386 | |
| C. | $114,922 | |
| D. | $116,251 | |
| E. | $117,702 | |
| F. | $115,047 | |
| G. | $118,894 | |
| H. | $116,417
|
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How To Trade In Stocks
Authors: Jesse Livermore
1st Edition
0071469796, 9780071469791
