Mathematics
Mathematics, 23.07.2019 19:30, lemmeboiz43

Aphrodite took out a 30-year loan from her bank for $170,000 at an apr of 7.2%, compounded monthly. if her bank charges a prepayment fee of 6 months' interest on 80% of the balance, what prepayment fee would aphrodite be charged for paying off her loan 12 years early?

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Aphrodite took out a 30-year loan from her bank for $170,000 at an apr of 7.2%, compounded monthly....

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