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MATH SOLVE
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Jesse obtained a 20-year, $170,650 loan for his new town-home. The interest rate is 5.5% and his mon...
4 months ago
Q:
Jesse obtained a 20-year, $170,650 loan for his new town-home. The interest rate is 5.5% and his monthly payment is $1,173.88. For the first payment, find the new balance to the nearest cent.
Accepted Solution
A:
939748.88 dollars is the answer