Mathematics, 22.06.2019 06:00 bryanmcmillianjr

Raymond took out a 25-year loan for $135,000 at an apr of 3.6% compounded monthly. if his bank charges a prepayment fee of 6 months' interest on 80 % of the balance, what prepayment fee would he be charged for paying off the loan 5 years early?

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Raymond took out a 25-year loan for $135,000 at an apr of 3.6% compounded monthly. if his bank charg...

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