Multiple Choice
Your real estate agent mentions that homes in your price range require a payment of $1,200 per month for 30 years at 9% interest compounded monthly.What is the size of the mortgage with these terms?
A) $128,035.05
B) $147,940.29
C) $149,138.24
D) $393,120.03
Correct Answer:
Verified
Correct Answer:
Verified
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