Question: 1 2 . If a 3 0 year $ 5 1 5 , 0 0 0 fully amortizing 5 . 8 5 % fixed rate

12. If a 30 year $515,000 fully amortizing 5.85% fixed rate mortgage has a balance of $275,526.50, how many more monthly payments are required before it is fully paid off?a)89b)146c)120d)169

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