Consider a 10 year fixed rate mortgage for $175,000 at nominal interest rate of 8 If the borrower wants to pay off the remaining balance on the mortgage after making the 13th payment, what is the remaining balance on the loan Assume monthly payments $170,325 $173 914 O $172,254 $162,055 Consider a...

A nswer D 162055 ALoan Amortization schedule A Total Amount 175000 B Numbe ...

Consider a 10 year fixed rate mortgage for $175,000 at nominal interest rate of 8%. If...

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Consider a 10 year fixed rate mortgage for $175,000 at nominal interest rate of 8%. If...

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