beckagarcia203 beckagarcia203

23-10-2022
Mathematics

Answered

A loan is paid off in 15 years with a total of $192,000. It had a 4% interest rate that compounded monthly.

What was the principal?

Round your answer to the nearest cent and do not include the dollar sign. Do not round at any other point in the solving process; only round your answer.

Answer :

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