What was the amount of the original load

Reference no: EM131924096

Question: A 20 year mortgage set up for uniform monthly payments with 6 percent interest compounded monthly is taken over by a new owner after 8years. At that time $12,000 is still owed on the principal. What was the amount of the original load? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131924096

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