Question: PLEASE ANSWER WILL THUMBS UP!! A homeowner has five years of monthly payments of $1,400 before she has paid off her house. Payments are made
A homeowner has five years of monthly payments of $1,400 before she has paid off her house. Payments are made at the end of each month. If the quoted interest rate is 7% APR with semi-annual compounding, what is the remaining balance on her mortgage? $84,000 $59,890 $88,830 $70,871 $64,918
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