Question
The second file is for a client named Toomes, who also has a mortgage with the bank. The details you can gather for Toomes loan
The second file is for a client named Toomes, who also has a mortgage with the bank. The details you can gather for Toomes loan are as follows:
- Current loan outstanding: $471,000
- Current monthly repayment: $4300
- Next repayment: Due exactly 1 month from now
- Interest rate on loan: 12=i12=9%
Using this information, determine the following:
What will be Toomes loan outstanding after 1 month, immediately after the payment due on that day? Do NOT include a dollar sign in your answer.
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Agua Sangre Life Is What Happens While You Re Making Other Plans
Authors: David Dawei
1st Edition
979-8355381578
