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Your have just sold your house for $1,100,000 in cash. Your mortgage was originally a 30-year mortgage with monthly payments and an initial balance of $800,000. 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? (Ignore any real estate transaction costs.) **D The discount rate is 0.64583 % per month. (Round to five decimal places.) The monthly mortgage payment is $4417.6. (Round to the nearest cent.) The remaining balance is $456931. (Round to the nearest dollar.) The cash that remains after payoff of the mortgage is $643068 (Round to the nearest dollar)

Your have just sold your house for $1,100,000 in cash. Your mortgage was originally a 30 -year mortgage with monthly payments and an initial balance of $800,000. 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? (Ignore any real estate transaction costs.) The discount rate is % per month. (Round to five decimal places.) The monthly mortgage payment is 4 (Round to the nearest cent) The remaining balance is 5 (Round to the nearest dolar) The cash that remains after payoff of the mortgage is 5 (Round to the nearest dollar.)

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