You have just sold your house for $ 1,100, 000 in cash. Your mortgage was originally...

You 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 18½ 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 less than six decimal places.)

Cash that remains after payoff of mortgage is [...]? Round to the nearest dollar.

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jeff jeffy answered 2 days ago

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