Narrative 14-2
For problems in this section, use Table 14-1 from your text to find monthly mortgage payments.
-Refer to Narrative in your text 14-2. Daniel Scher is financing an $86,200 mortgage at $7 \frac { 1 } { 2 } \%$ . He can finance for 20 years or 25 years. How much less will his monthly payment be if he chooses the 25 year mortgage?

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The Answer of Narrative 14-2
For problems in this section, use Table 14-1 from your text to find monthly mortgage payments.
-Refer to Narrative in your text 14-2. Daniel Scher is financing an $86,200 mortgage at $7 \frac { 1 } { 2 } \%$ . He can finance for 20 years or 25 years. How much less will his monthly payment be if he chooses the 25 year mortgage?

Narrative 14-2 for Problems in This Section, Use Table 14-1 712%7 \frac { 1 } { 2 } \%721​%

Narrative 14-2
for Problems in This Section, Use Table 14-1 $7 \frac { 1 } { 2 } \%$