Jackie Revez purchased a new home in Riverside Park. The purchase price was $210,000, and she put down 30%. Her mortgage is 10 1/2% for 30 years. What is the outstanding balance of her loan after the first month? (Round your answer to the nearest cent.)

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06-12-2022
Mathematics

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Jackie Revez purchased a new home in Riverside Park. The purchase price was $210,000, and she put down 30%. Her mortgage is 10 1/2% for 30 years. What is the outstanding balance of her loan after the first month? (Round your answer to the nearest cent.)

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