question 31

Ashleigh bought a house 15 years ago. The house cost $250,000 and her down payment was 20%. Ashleigh financed the house with a 30-year 6 percent p.a. loan that requires monthly payments. What is the remaining balance on the mortgage immediately after Ashleigh pays the 180th payment? 1) $287,784.25 2) $167,371.45 3) $143,892.00 4) $196,875.34 5) $142,097.68