Sam Took Out a 30-Year, $450,000, 4

question 79

Multiple Choice

Sam took out a 30-year, $450,000, 4.125% loan 10 years ago. What is Sam's current principal balance, assuming that he makes monthly payments?

• A)$354,930
• B)$355,130
• C)$355,394
• D)$355,910
• E)$356,019

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