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Beverly Frost Bought a Home for $190,000 with a Down

Question 30

Multiple Choice

Beverly Frost bought a home for $190,000 with a down payment of $19,000 at 7% for 25 years. Since then the rate has risen to 9%. How much more would her monthly payment be if she bought the house at 9%?


A) $208.97
B) $436.40
C) $143.00
D) $227.43
E) None of these

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