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NEED HELP UNDERSTANDING THE CORRECT ANSWER THE ANSWER IS NOT $192,276.05 IT WAS MARKED WRONG ON TEST What is the balance at the end of

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***NEED HELP UNDERSTANDING THE CORRECT ANSWER***

THE ANSWER IS NOT $192,276.05 IT WAS MARKED WRONG ON TEST

What is the balance at the end of year 12 on a $350,000 house price, 30 year, 2.5% monthly compounded, 80 LTV loan? $192,276.05 $184,346.44 $225,003.69 $212,621.26

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