A couple purchased a $230,000 house by making a down payment of $20,000 and financing the remaining $210,000 with a 30 year mortgage at 5.914% compounded monthly. the couples mortgage payment is $1247.47 per month.
How much equity will the couple have in the house after 18 years of payments? Round your final answer to 2 decimal places.
How much equity will the couple have in the house after 18 years of payments? Round your final answer to 2 decimal places.