Asked by Steve
Joanne and Bill are financing $305,500 to purchase a house. They obtained a 20/6 balloon mortgage at 5.75%. What will their balloon payment be?
$206,311.68
$401,524.25
$152,285.77
$249,295.69
My answer is the 4th one.
$206,311.68
$401,524.25
$152,285.77
$249,295.69
My answer is the 4th one.