The mortgage is $158,750. Interest is 6.25% monthly payment is $1,168. How much will the principal be after the third payment? How do I know what formula to use to figure the correct answer? These are

The mortgage is $158,750. Interest is 6.25% monthly payment is $1,168. How much will the principal be after the third payment?

How do I know what formula to use to figure the correct answer?

These are the choices:

A. $344.74
B. $342.95
C. $341.18
D. $826.82

1 Answer

The mortgage is $158,750. Interest is 6.25% monthly payment is $1,168. How much will the principal be after the third payment? How do I know what formula to use to figure the co…

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

Related questions

Categories

Other Questions