You have borrowed $160,000 to buy a house. The interest rate on the mortgage is 5.75% APR. You make a payment of $848 each month. What is the balance you still owe after two years?
1
Expert's answer
2019-05-24T09:37:21-0400
We should use the formula for future value and subtract the amount paid.
Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…
APPROVED BY CLIENTS
Finding a professional expert in "partial differential equations" in the advanced level is difficult.
You can find this expert in "Assignmentexpert.com" with confidence.
Exceptional experts! I appreciate your help. God bless you!
Comments
Leave a comment