Question:

Nelson took out a 30 year loan for 210 000 at 6 5 interest

Last updated: 1/23/2024

Nelson took out a 30 year loan for 210 000 at 6 5 interest

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