Regina took out a 30-year loan for $110,000 at an APR of 9.6%, compounded monthly, and she is making monthly payments of $932.98. What will her balance be with 13 years left on the loan?

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asked Jul 24, 2020 112k views

1 vote

Regina took out a 30-year loan for $110,000 at an APR of 9.6%, compounded

monthly, and she is making monthly payments of $932.98. What will her
balance be with 13 years left on the loan?

Mathematics
middle-school

Lavasia asked

by Lavasia

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Answer: $82,975.68 APEX

JStead answered Jul 27, 2020

by JStead

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