Rhonda is buying a second home to use as income property.She is financing 75% of the home's $100,000 value.Her bank is loaning her the money for 10 years at an APR of 4.5%.How much are Rhonda's mortgage payments?
A) $441.28
B) $598.74
C) $777.28
D) $958.44
E) $1,014.33
Correct Answer:
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