Business, 07.07.2021 03:10 ja815792

A 30-year $185,000 amortized mortgage loan has a fixed interest rate of 4.375% and fixed monthly payments. The monthly payment is $923.68. The beginning balance of the loan in the 30th month is $177,391.93. Calculate the ending balance of the loan at the end of the 30th month after this month's payment.

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A 30-year $185,000 amortized mortgage loan has a fixed interest rate of 4.375% and fixed monthly pay...