Mathematics, 25.06.2019 18:40 Cocco
Raymond took out a 25-year loan for $135,000 at an apr of 3.6% compounded monthly. if his bank charges a prepayment fee of 6 months' interest on 80 % of the balance, what prepayment fee would he be charged for paying off the loan 5 years early? a. 683.10b 546.08c. 695.49d. 543.46
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Raymond took out a 25-year loan for $135,000 at an apr of 3.6% compounded monthly. if his bank charg...
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