Harry took out a 25 year loan for 160 000 at 9 6 interest compounded...
50.1K
Verified Solution
Link Copied!
Question
Geometry
Harry took out a 25 year loan for 160 000 at 9 6 interest compounded monthly If his monthly payment on the loan is 1409 05 how much of his first payment went toward note reduction OA 129 05 OB 1280 00 OC 1409 05 OD 135 27
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
