The seller and the buyer agreed to a purchase price of $270,000 with the closing to occur on June 15. The seller’s loan balance after the June 1 payment was $170,000. with an interest rate of 6%.The monthly payment was $1,800 principal and interest. What was the loan balance the day of closing, and how much interest did the seller owe the bank?
Loan balance $171,800; interest due $850
Loan balance $170,000; interest due $2,550
Loan balance $270,000; interest due $862.50
Loan balance $170,000; interest due $425
Answers: 1
Business, 22.06.2019 03:40
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Business, 22.06.2019 19:30
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Business, 22.06.2019 19:30
Which of the following occupations relate to a skill category of words and literacy
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The seller and the buyer agreed to a purchase price of $270,000 with the closing to occur on June 15...
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