tokuichi7745 tokuichi7745
  • 28-12-2022
  • Mathematics
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Raymond took out a 25-year loan for $135,000 at an APR of 3. 6% compounded monthly. If his bank charges a prepayment fee of 6 months' interest on 80 % of the balance, what prepayment fee would he be charged for paying off the loan 5 years early?

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