You want to borrow $200,000 at 4.5 percent interest.If you assume a 10-year loan,the monthly payment will be ________ as compared to ________ if you assume a 20-year loan.
A) $1,237.50; $1,103.88
B) $2,007.75; $1,237.50
C) $2,072.77; $1,265.30
D) $2,198.18; $1,303.88
E) $2,298.16; $1,433.50
Correct Answer:
Verified
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