Question: You take ouf a 3 0 year $ 1 5 0 . 0 0 0 morlgage loan with an APR of 1 2 s and

You take ouf a

30

year $

150.000

morlgage loan with an APR of

12

s and monthly pepments. In flly years you decide bo jell your houle and pay off the morlgage. What is the principar bolacice on the loant fifond the mondly losen peyment to

2

decimel pleces whent cemponing the snswer. Dound your answer to

2

decimel places.

)

Procyed bulance an fie iom

You take ouf a 3 0 year $ 1 5 0 . 0 0 0 morlgage

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