Question: 4 years ago you borrowed $ 1 0 2 , 9 7 6 to buy a house. The interest rate quoted to you was 5
years ago you borrowed $ to buy a house. The interest rate quoted to you was percent for years with monthly payments. Assuming you have made regular monthly payments up to now, what is the amount in $ you still owe on the loan today? Answer to two decimals.
Hint: The hard way to do this is to use an amortization table. There is an easier way see if you can find it
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