Mathematics, 04.12.2021 06:00 joshtrice5879

A homeowner has been paying a monthly mortgage payment of $762,03 on a 35-year loan at a fixed annual interest rate of 5.5%. After making payments for 8 years, the homeowner must sell the house and move to another state for a new job. What is the payoff for the mortgage?

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A homeowner has been paying a monthly mortgage payment of $762,03 on a 35-year loan at a fixed annua...

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