justlee0309 justlee0309

15-11-2022
Mathematics

contestada

The Bartolotti family took out a loan to have a garage built next to their house. The 10-year, 10.4% loan was for $56,188. The monthly payment was $475, but the promissory note stated that there was a balloon payment at the end. what is the sum of all but the last monthly payment?

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PLEASE HELP ME. And ACTUALLY give correct answers and EXPLAIN because these are free responses. If you get it right, I will mark you brainliest.