Nelson took out a 30 year loan for 210 000 at 6 5 interest compounded monthly If his monthly payment on the loan is 1327 34 and

Question

Nelson took out a 30 year loan for 210 000 at 6 5 interest compounded monthly If his monthly payment on the loan is 1327 34 and if 1137 50 0 his first payment went toward interest how much of his second payment went toward interest OA Less than 1137 50 OB 1137 50 OC 1327 34 D More than 1137 50 but less than 1327 34

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