What is the remaining balance on a 20000000 mortgage after


Question: What is the remaining balance on a $200,000.00 mortgage after 115 months? The mortgage is a standard mortgage (360 months) with monthly payments and a nominal rate (monthly compounding) of 5.80%. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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