Marsha Terban bought a home for $119,000 with a down payment of $19,000. Her rate of interest is 12 1/2% for 35 years. The balance of the mortgage at the end of the first month is:
A)$3.33
B)$98,944
C)$99,669.76
D)$99,985.67
E)None of these

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The Answer of Marsha Terban bought a home for $119,000 with a down payment of $19,000. Her rate of interest is 12 1/2% for 35 years. The balance of the mortgage at the end of the first month is:
A)$3.33
B)$98,944
C)$99,669.76
D)$99,985.67
E)None of these

Marsha Terban Bought a Home for $119,000 with a Down