Question
How much principal will you pay in the 15th year of a 15-year, $450,000 mortgage at 4.35% APR if you only make the minimum monthly
How much principal will you pay in the 15th year of a 15-year, $450,000 mortgage at 4.35% APR if you only make the minimum monthly payments?
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.a $39,741.49
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B. $36,676.33
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C. $43,200.79
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D. $39,949.32
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Case Studies In Finance
Authors: Robert Bruner, Kenneth Eades, Michael Schill
6th Edition
0073382450, 978-0073382456
