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Posted: **Sun Jul 03, 2022 6:56 am**

: What Is The Principal Remaining After 18 Monthly Payments Have Been Made On A 15 000 Five Year Loan The Annual Interes 1 (30.99 KiB) Viewed 13 times

What is the principal remaining after 18 monthly payments have been made on a $15,000 five-year loan? The annual interest rate is 12% nominal compounded monthly. Choose the correct answer below. O A. $7,451 O B. $13,950 O C. $10,500 O D. $11,397 O E. $12,997