Math, asked by Akarsh9294, 10 hours ago

The seller was told by the bank that she has a prepayment penalty due at the time of closing. The penalty is 6 months’ interest on the current loan balance. Based on 6% interest, her monthly payment is $569.57 principal and interest and her loan balance was $95,000 the month before closing. Once she makes her next monthly payment, how much will she owe in prepayment penalty at the time of closing?

Answers

Answered by amaanshohebmd
0

Answer:

A. $1,239.58

B. $1,987.34

C. $2,847.16

D. $5,694.33

Step-by-step explanation:

idk one of the four

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