Mathematics, 20.07.2019 04:00 hailey5129

Charlene took out a 25-year loan from her bank for $115,000 at an apr of 4.8%, compounded monthly. if her bank charges a prepayment fee of 6 months' interest on 80% of the balance, what prepayment fee would charlene be charged for paying off her loan 8 years early? show your work.

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Charlene took out a 25-year loan from her bank for $115,000 at an apr of 4.8%, compounded monthly. i...

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