Solved

Lizzy Clar Bought a Home for $160,000, Putting Down $30,000

Question 6

Multiple Choice

Lizzy Clar bought a home for $160,000, putting down $30,000. The rate of interest is 7% for 25 years. The total yearly mortgage payment is:

A) $11,155.37
B) $11,920.20
C) $919.10
D) $18,782.40
E) None of these

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