Business, 30.09.2019 18:20, emmaphillips2

There is a principal balance of $84,902.13 on a mortgage. the interest rate is 7.75% per annum. the taxes and insurance total $1,915.70 per year. the monthly payment is $835.58, including interest, taxes and insurance, with the remainder applied to reduce the principal. what is the principal balance after the next payment?

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There is a principal balance of $84,902.13 on a mortgage. the interest rate is 7.75% per annum. the...