6) Mario obtains a 30-year $90,000 mortgage from Sanger Bank. The interest rate is 7.5%

with a monthly payment of $629.10. How much of the first monthly payment goes

towards the principal?

a) $66.60

c) $202,500

b) $562.50

d) $168.75

lenn When signing the papers to purchase

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6) Mario obtains a 30-year $90,000 mortgage from Sanger Bank. The interest rate is 7.5%with a monthly payment of $629.10. How much of the first monthly payment goestowards the principal?a) $66.60c) $202,500b) $562.50d) $168.75lenn When signing the papers to purchase

6) Mario obtains a 30-year $90,000 mortgage from Sanger Bank. The interest rate is 7.5%

with a monthly payment of $629.10. How much of the first monthly payment goes

towards the principal?

a) $66.60

c) $202,500

b) $562.50

d) $168.75

lenn When signing the papers to purchase