Question: $360,578.14. You selected this answer. This was the correct answer. A borrower took out a 15-year fixed rate mortgage of $375,000 at a 7.2%

$360,578.14. You selected this answer. This was the correct answer. A borrower

$360,578.14. You selected this answer. This was the correct answer. A borrower took out a 15-year fixed rate mortgage of $375,000 at a 7.2% APR. Just after her 12th monthly payment, she wishes to pay off the remaining principal. How much principal does she owe? $334,047.90 $371,335.16 $344,454.53 $360,578.14

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