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Sale once you pay off the? mortgage

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You have just sold your house for $ 1 000 000 in cash. Your mortgage was originally a? 30-year mortgage with monthly payments and an initial balance of $ 750 000. The mortgage is currently exactly 18.50 years? old, and you have just made a payment. If the interest rate on the mortgage is 7.75 % ?(APR), how much cash will you have from the sale once you pay off the? mortgage? ?(Note: Be careful not to round any intermediate steps to fewer than six decimal? places.)

Reference no: EM132367038

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