Mathematics, 06.06.2020 23:00, datzmypupppup

Carissa has a 30-year, 5.75% mortgage on her $250,000 home. She has been paying on it for 5 years, and has recently hit some financial trouble. If her
lender agreed to lower the interest rate on her $231,905.47 balance to 5.25%,
what will her new payment be for the remainder of the loan?
A. $1330.20
B. $1389.69
C. $1432.09
D. $1333.09

Answers: 3

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Carissa has a 30-year, 5.75% mortgage on her $250,000 home. She has been paying on it for 5 years,...