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You have decided that your company has outgrown the warehouse described in the previous problem. You have received an offer from someone willing to purchase

You have decided that your company has outgrown the warehouse described in the previous problem. You have received an offer from someone willing to purchase the warehouse for $1,200,000. If you accept this offer, how much money will you have left over from the sale after you have paid off the balance of the loan? As a reminder, the original loan was a 15-year, 6% APR (monthly) loan with monthly payments with an original amount borrowed of $1,500,000. You have just made your 84th payment. for $1,500,000

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