SOLUTION: can anyone help with this problem? What is the remaining balance on a 15 year mortgage for $175,000 at 5% after 9 years? (To the nearest cent, do not include the $)

SOLUTION: can anyone help with this problem? What is the remaining balance on a 15 year mortgage for $175,000 at 5% after 9 years? (To the nearest cent, do not include the $)

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Question 433494: can anyone help with this problem?
What is the remaining balance on a 15 year mortgage for $175,000 at 5% after 9 years? (To the nearest cent, do not include the $)

Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
146,393.68
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