Question
You took out a 30-year mortgage on a $419,000 home. The mortgage payments are made monthly, and the interest rate is 12% APR. 10 years
You took out a 30-year mortgage on a $419,000 home. The mortgage payments are made monthly, and the interest rate is 12% APR.
10 years later you decide to pay off the loan. What is the balance on your mortgage at this time?
Round your answer to the nearest dollar, for example 1412.
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Cost Benefit Analysis
Authors: Harry F. Campbell, Richard P.C. Brown
3rd Edition
1032320753, 9781032320755
