A loan on an investment property closed on July 1st for $765,000 at 5.5% interest amortized over 25 years at $4,697.77 per month. Using a 360-day year, what would the principal amount be after the monthly payment was made August 1st

5

10

15

20

25

30

35

40

45

50

55

b is the correct answer

answer: it actually depends on which is the independent variable and which is the dependent variable. let us say we're looking at a linear equation. y=2x+3. we theoretically could switch the equation to be x=(y-3)/2 and it would be the same line. so either a causes b or it can be that b causes a. so technically the answer is false

step-by-step explanation: