Anne Bogaert reviews the status of her home mortgage schedule for the month of January 2014: On 31 January 2014, Boagert makes a payment of $15,000 rather than $10,000. What will be the outstanding mortgage loan balance immediately after the payment is made?

A. $485,000
B. $487,500
C. $490,000

Ans: B. $487,500

Business

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Businesses facing competitive forces are only concerned with customers

Indicate whether the statement is true or false.

Business