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d. What overall return dia Montag Im 1yg atos yd Question #6 Ism isrld ai tera llow lio srdi aS TROY bns e yd llet

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d. What overall return dia Montag Im 1yg atos yd Question #6 Ism isrld ai tera llow lio srdi aS TROY bns e yd llet o 2snizuc Some time ago Reginald Riga took out a loan to buy a house. The loan agreement stipulated that the Interest rate was fixed for the entire 25 year term. Payments were to be made monthly starting exacty one month after the loan was taken. Reginald has just made his 24th monthly payment. By coincidence, the interest portion of the payment was exactly $1.400 and a month ago he owed exactly $240,000. What was the mount of the original loan two years ago? [o]

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