Mathematics, 26.10.2021 14:00 avavackity

-) Eugene Merzbacher obtains a 20-year, $97,600 mortgage at 11% on a house selling for $118,000. His monthly payment, including principal and interest, is $1007 23. How much of the first payment on
the mortgage is applied to the principal? (2 points)
žo
A) $1007.23
B) $213.29
C) $112.57
D) $11.84

Answers: 1

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-) Eugene Merzbacher obtains a 20-year, $97,600 mortgage at 11% on a house selling for $118,000. His...

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More questions: Mathematics Another questions

-) Eugene Merzbacher obtains a 20-year, $97,600 mortgage at 11% on a house selling for $118,000. His monthly payment, including principal and interest, is $1007 23. How much of the first payment on the mortgage is applied to the principal? (2 points) žo A) $1007.23 B) $213.29 C) $112.57 D) $11.84

Answers

Another question on Mathematics

-) Eugene Merzbacher obtains a 20-year, $97,600 mortgage at 11% on a house selling for $118,000. His monthly payment, including principal and interest, is $1007 23. How much of the first payment on
the mortgage is applied to the principal? (2 points)
žo
A) $1007.23
B) $213.29
C) $112.57
D) $11.84