Ten years ago you borrowed $$200000.$ The term of the loan was $20$ years and required monthly payments of $$2202\mathrm{.}17.$ The

interest rate on the loan was $12$ percent compounded monthly. You have just made the $120$ th payment. What is the principal

outstanding?

$$100000$

$$153492\mathrm{.}40$

$$118101\mathrm{.}78$

$$141721\mathrm{.}90$