Mathematics
Mathematics, 27.10.2020 06:00, sjoel004

A mortgage is paid off in 30 years with a lump sum payment of $124.000. It had a 2% interest rate that compounded monthly
What was the principal?
Round your answer to the nearest cent and do not include the dollar sign. Do not round at any other point in the solving
process; only round your final answer.

answer
Answers: 3

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A mortgage is paid off in 30 years with a lump sum payment of $124.000. It had a 2% interest rate th...

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