question archive Derek borrows $264,108

Derek borrows $264,108

Subject:FinancePrice: Bought3

Derek borrows $264,108.00 to buy a house. He has a 30-year mortgage with a rate of 4.18%. After making 117.00 payments, how much does he owe on the mortgage?

 

Answer format: Currency: Round to: 2 decimal places.

pur-new-sol

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