# Algebra

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what Is the unpaid balance of this loan at the end of the 10th year if you are buying the home for \$250,000 with a Interest rate of 6%?

• Algebra -

yr 1> \$265,000
yr 2> \$280,900
yr 3> \$297,754
yr 4> \$315,619
yr 5> \$334,556
yr 6> \$354,630
yr 7> \$375,908
yr 8> \$398,462
yr 9> \$422,370
yr 10> total %447,711.92 or \$447,712

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