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Narrative 14-1
for Problems in This Section, Use Table 14-1 634%6 \frac { 3 } { 4 } \%

Question 17

Multiple Choice

Narrative 14-1
For problems in this section, use Table 14-1 from your text to find the monthly mortgage payments, when necessary.
-Refer to Narrative in your text 14-1. Ursula has a mortgage of $82,000 at 634%6 \frac { 3 } { 4 } \% for 25 years. Find the total interest.


A) $73,468.80
B) $87,986.00
C) $81,362.00
D) $101,689.60

Correct Answer:

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