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    Exam 18: The Cost of Home Ownership
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    The Difference Between the Monthly Payments on a $120,000 Home
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The Difference Between the Monthly Payments on a $120,000 Home

Question 18

Question 18

Multiple Choice

The difference between the monthly payments on a $120,000 home at 6 ½% and at 8% for 25 years is:


A) $81.12
B) $151.02
C) $115.93
D) $91.12
E) None of these

Correct Answer:

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