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Mathematics, 18.02.2020 17:55 Lugo7006

Marlene took out a 25-year loan for $140,000 at 10.8% interest, compounded
monthly. If her monthly payment on the loan is $1351.96, how much of her
first payment went toward note reduction?
O A. $1260.00
O B. $1351.96
O c. $146.01
O D. 591.96

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Answers: 3

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Marlene took out a 25-year loan for $140,000 at 10.8% interest, compounded
monthly. If her mon...
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