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2 years ago

5

Adam is taking out a $197,000 mortgage. His bank offers him an APR of 4.45%. He wants to compare monthly payments on a 15- and 3

0- year mortgage. What is the difference in the two monthly payments.
a) 509.68

b) 365.75

c) 402.58

d) 231.87

1 answer:

xxMikexx [17]2 years ago

4 0

The answer would be A. 509.68

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