Mathematics, 13.04.2021 01:00 HeyItsCookie9605

For a $150.000 mortgage with an interest rate of 5.5% paid over 20 years, the monthly payment is $1,031.83. After one month, what is the balance of the loan?
Round your answer to the nearest dollar
Do NOT round until you calculate the final answer.

Answers: 2

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More questions: Mathematics Another questions

For a $150.000 mortgage with an interest rate of 5.5% paid over 20 years, the monthly payment is $1,031.83. After one month, what is the balance of the loan? Round your answer to the nearest dollar Do NOT round until you calculate the final answer.

Answers

Another question on Mathematics

For a $150.000 mortgage with an interest rate of 5.5% paid over 20 years, the monthly payment is $1,031.83. After one month, what is the balance of the loan?
Round your answer to the nearest dollar
Do NOT round until you calculate the final answer.