How much principal is still owed after 100 Monthly payments have been made on a $125,000...
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How much principal is still owed after 100 Monthly payments have been made on a $125,000
30-year mortgage with an interest rate of 5% compounded monthly? (Round to the nearest dollar)-
(a) $98,716
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(b) $112,718
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(c) $106,415
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(d) $100,077
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Homework Answers
(c) $106,415
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How much principal is still owed after 100 Monthly payments have
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