Multiple Choice
Your real estate agent mentions that homes in your price range require a payment of approximately $1,200 per month over 30 years at 9 percent interest.What is the approximate size of the mortgage with these terms?
A) $128,035
B) $147,940
C) $149,140
D) $393,120 PV = $1,200
Correct Answer:
Verified
Correct Answer:
Verified
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