Question 1 1 pts You borrowed $800,000 to buy a house using a standard CPM...
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Question 1 1 pts You borrowed $800,000 to buy a house using a standard CPM loan. You obtained a 15 year mortgage which has a 7% annual APR. The loan is compounded monthly. Your loan also has a $200,000 balloon attached to it due at the end of the 15 years. How many dollars do you still owe on the house at the end of month 116? Place the number only in the answer box. Canvas cannot read "$" or "%" signs
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