Given the following information on a 30-year fixed-payment fully-amortizing loan, determine the remaining balance that t
Posted: Sun Jul 03, 2022 6:43 am
Given the following information on a 30-year fixed-payment fully-amortizing loan, determine the remaining balance that the borrower has after 15 years. Interest Rate: 7% Monthly Payment: $1,200 $164,402 O $133,507.15 O $180,369 O $13,469