Mathematics, 29.09.2019 00:30 chavice

Apollo took out a 30-year loan from his bank for $180,000 at an apr of 8.4%, compounded monthly. if his bank charges a prepayment fee of 6 months' interest on 80% of the balance, what prepayment fee would apollo be charged for paying off his loan 14 years early? a) $4623.49 b) $4943.37 c) $6099.06 d) $6090.63

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Apollo took out a 30-year loan from his bank for $180,000 at an apr of 8.4%, compounded monthly. if...