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monthly payments and an initial balance of $ 7 0 0 , 0 0 0 . The mortgage is currently exactly 1 8 . 5

monthly payments and an initial balance of $700,000. The mortgage is currently exactly 18.5 years old, and you have just made a payment. If the interest rate on the mortgage is 7.75%(APR), how much cash will you have from the sale once you pay off the mortgage? (Note: Be careful not to round any intermediate steps less than six decimal places.)
Cash that remains after payoff of mortgage is $
(Round to the nearest cent.)
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