An investor buys a property for $640,000 with a 25-year mortgage and monthly payments at 8% APR.After 18 months the investor resells the property for $712,000.How much cash will the investor have made from the sale,once the mortgage is paid off?

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The Answer of An investor buys a property for $640,000 with a 25-year mortgage and monthly payments at 8% APR.After 18 months the investor resells the property for $712,000.How much cash will the investor have made from the sale,once the mortgage is paid off?

An Investor Buys a Property for $640,000 with a 25-Year