Question: How much will you pay into principal on a 7 3/8%, $170,000, 15 year mortgage in the final 2 years of the mortgage, assuming monthly

How much will you pay into principal on a 7 3/8%, $170,000, 15 year mortgage in the final 2 years of the mortgage, assuming monthly compounding?

a. 34,796.91

b. 34,800.54

c. 34,820.69

d. 34,831.17

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