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Homework: Mort - PRN - CFO Save Score: 0 of 1 pt 1 of 1 (0 complete) HW Score: 0%, 0 of 1 pt Problem
Homework: Mort - PRN - CFO Save Score: 0 of 1 pt 1 of 1 (0 complete) HW Score: 0%, 0 of 1 pt Problem 4.LO4.13 (similar to) Question Help You bought a house 5 years ago. To finance the purchase, you took out a mortgage for $400,000. The interest rate on the mortgage is 5.8% and the amortization period is 30 years. You chose to make 24 payments per year and each payment is $1,163.36. Your last payment was yesterday. How much principal remains owing today? The principal that remains owing today is $?. (Round to the nearest cent as needed.)
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