Business, 20.02.2020 22:52 nscarlisleh13

Your have just sold your house for $ 1 comma 000 comma 000$1,000,000 in cash. Your mortgage was originally a 30-year mortgage with monthly payments and an initial balance of $ 800 comma 000$800,000. The mortgage is currently exactly 18.5018.50 years old, and you have just made a payment. If the interest rate on the mortgage is 5.25 %5.25% (APR), how much cash will you have from the sale once you pay off the mortgage? (Ignore any real estate transaction costs.)

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Your have just sold your house for $ 1 comma 000 comma 000$1,000,000 in cash. Your mortgage was orig...

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