You have just sold your house for $ 1 , 0 0 0 , 0 0 0
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Question:
You have just sold your house for $ in cash. Your mortgage was originally a year mortgage with monthly payments and an initial balance of $ The mortgage is currently exactly years old, and you have just made a payment. If the interest rate on the mortgage is APR how much cash will you have from the sale once you pay off the mortgage? Note: Be careful not to round any intermediate steps less than six decimal places.
Cash that remains after payoff of mortgage is $
enter your response here. Round to the nearest cent.
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