Question: Question 2 (2 points) Your mortgage payment is R600 per month. There are exactly 180 payments remaining on the mortgage. The interest rate s 8%,

 Question 2 (2 points) Your mortgage payment is R600 per month.

Question 2 (2 points) Your mortgage payment is R600 per month. There are exactly 180 payments remaining on the mortgage. The interest rate s 8%, compounded monthly. The next payment is due in 15 days. What is the balance of the loan? 62 578 82 228 62 993 76949 84 825

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