Calculate the total payments on a $200,000 mortgage if payment is made at the beginning of each month and the annual interest rate is 5.5 percent for 30 years.
A)$300,160
B)$3,960,000
C)$548,987
D)$408,808

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The Answer of Calculate the total payments on a $200,000 mortgage if payment is made at the beginning of each month and the annual interest rate is 5.5 percent for 30 years.
A)$300,160
B)$3,960,000
C)$548,987
D)$408,808

Calculate the Total Payments on a $200,000 Mortgage If Payment