Mathematics, 10.03.2021 01:00 cheychey1620
Murphy obtains a 15/5 balloon mortgage to finance $113,500 at 4.95%. How much principal and interest will he have already paid when his balloon payment is due?
Group of answer choices
$85,433.10
$70,863.13
$52,781.40
$53,676.00
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Murphy obtains a 15/5 balloon mortgage to finance $113,500 at 4.95%. How much principal and interest...
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