Question 10 1 pts You want to buy a house that costs $600,000. You finance the purchase with $100,000 of your own money and
Question 10 1 pts You want to buy a house that costs $600,000. You finance the purchase with $100,000 of your own money and $500,000 from the bank, using a 15-year fixed-rate mortgage of 2.4% per annum compounding monthly, requiring a monthly payment that starts one month from now. How much principal do you have left on your mortgage after 3 years? (Round to the nearest two digits) $409,796.43 None of the other answers are correct. $420,259.54 $402,743.31 $413,845.16
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Authors: Geoffrey Hirt, Stanley Block
10th edition
0078034620, 978-0078034626
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