You want to borrow $200,000 at 7.5% annual interest. If you assume a 15-year loan the monthly payment will be ________ as compared to _________ if you assume a 30-year.
A) $1,105.32; $923.65
B) $1,847.16; $1,361.27
C) $1,060.17; $1,927.01
D) $1,854.02: $1,398.43
E) $1,863.14; $1,401.11
Correct Answer:
Verified
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