Mathematics, 19.10.2019 21:20 vicsmi6191
An amount of $350,000 is borrowed for a period of 30 years at an interest rate of 5.5%. the amortization schedule for this loan is below. payments of $1,987.26 are made monthly. payment # payment interest debt payment balance 1 1,987.26 1,604.17 383.09 x 2 1,987.26 1,602.41 384.85 y 3 1,987.26 1,600.65 386.61 z calculate the value of z, the balance of the loan at the end of month 3. round your answer to the nearest dollar.
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An amount of $350,000 is borrowed for a period of 30 years at an interest rate of 5.5%. the amortiza...
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