Charlene took out a 25 year loan from her bank for 115 000

Last updated: 1/29/2024

Charlene took out a 25 year loan from her bank for 115 000 at an APR of 4 8 compounded monthly If her bank charges a prepayment fee of 6 months interest on 80 of the balance what prepayment fee would Charlene be charged for paying off her loan 8 years early OA 1017 04 OB 527 16 OC 674 92 D 658 95