You have just sold your house for 1100000 in cash how much


You have just sold your house for $1100000 in cash. Your mortgage was originally a? 30-year mortgage with monthly payments and an initial balance of $ 750000. The mortgage is currently exactly? 18½ years? old, and you have just made a payment. If the interest rate on the mortgage is 6.25 % ?(APR), how much cash will you have from the sale once you pay off the? mortgage? ?(Note: Be careful not to round any intermediate steps less than six decimal? places.) Cash that remains after payoff of mortgage is ?$ _. ?(Round to the nearest? dollar.)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: You have just sold your house for 1100000 in cash how much
Reference No:- TGS02781195

Expected delivery within 24 Hours