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Sheri took out a $396,000, 15-year mortgage with an APR of 3.65%. Her monthly payment is $2,820.59. What was her ending balance at the end of that first month?

Sheri took out a $396,000, 15-year mortgage with an APR of 3.65%. Her monthly payment is $2,820.59. What was her ending balance at the end of that first month?
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Sheri took out a $396,000, 15-year mortgage with an APR of 3.65%.

Her monthly payment is $2,820.59. What was her ending balance at the
end of that first month?

asked
User Keyboard Corporation
by
8.4k points

1 Answer

1 vote

Answer:

Her balance would be $ 90,931.84.

Explanation:

trust me

answered
User Mouhamad Lamaa
by
8.5k points
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