Business, 29.01.2021 05:30 lyd1aangela

6. You have just sold your house for $1,000,000 in cash. Your mortgage was originally a 30-year mortgage with monthly payments and an initial balance of $800,000. The mortgage is currently exactly 181/2 years old, and you have just made a payment. If the interest rate on the mortgage is 5.25% (APR), how much cash will you have from the sale once you pay off the mortgage? ( $543,069)

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6. You have just sold your house for $1,000,000 in cash. Your mortgage was originally a 30-year mort...

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