Question: Can someone please explain tell me why my answer is wrong???!!! ASAP???!!! Suppose you take out a home mortgage for $160,000 at a monthly interest

Can someone please explain tell me why my answer is wrong???!!! ASAP???!!!

Suppose you take out a home mortgage for $160,000 at a monthly interest rate of 0.6%. If you make payments of $1200/month, after how many months will the loan balance be zero? Estimate the answer by graphing the sequence of loan balances and then obtain an exact answer. . . .. . Graph the sequence of loan balances. Choose the correct graph below. O A. O B. &C. OD. ts 160,000 160,000 160,000 160,000 loan balance loan balance loan balance loan balance ..........mmm. rary 125 150 125 150 260 290 260 290 months months months months ons The loan balance will be zero after 269 months. ourc (Round up to the nearest month.) Help Me Solve This View an Example Get More Help Clear All Check

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