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Stars Ltd has a mortgage of $120,000; interest 6% p.a. for 15 years. The company is making a monthly payment of 537.03 on the

Stars Ltd has a mortgage of $120,000; interest 6% p.a. for 15 years. The company is making a monthly payment 

Stars Ltd has a mortgage of $120,000; interest 6% p.a. for 15 years. The company is making a monthly payment of 537.03 on the mortgage. The company had made payments cover 7 years. What is the outstanding balance on the loan? (6pts)

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