Question

Murphy obtains a 15/5 balloon mortgage to finance $113,500 at 4.95%. How much principal and interest will he have already paid when his balloon payment is due?

$85,433.10
$70,863.13
$52,781.40
$53,676.00

Answer 1

@EmmaMink

Answer 2

Oh geese. I haven't done this in so long. Give me a minute.

Answer 3

Its ok @EmmaMink

Answer 4

I'm really sorry about this. I cant solve. @Preetha

Answer 5

@Preetha please help me

Answer 6

do you think you can solve this one @EmmaMink

Answer 7

Ummmmm....................

Answer 8

@Abhisar plz help

Answer 9

@ganeshie8

Answer 10

@ash2326 @nincompoop

Answer 11

Hold on...I'm gonna solve it!

Answer 12

I am so so so sorry I have disappointed you.......: (

Answer 13

@Michele_Laino