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PLease answer this x Problem 4.L04.13 (similar to) Question Help You bought a house 3 years ago. To finance the purchase, you took out a
PLease answer this
x Problem 4.L04.13 (similar to) Question Help You bought a house 3 years ago. To finance the purchase, you took out a mortgage for $450,000. The interest rate on the mortgage is 8.7% and the amortization period is 25 years. You chose to make 12 payments per year and each payment is $3,637.60. 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.)Step by Step Solution
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