Ianna has found a fixed rate mortgage for $300 000 at four percent interest amortized over 30 years.Her payment will be $1426 per month.How much would her payment be if she wanted to amortize the mortgage over 15 years?
A)$2219
B)$1733
C)$2214
D)$1711

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The Answer of Ianna has found a fixed rate mortgage for $300 000 at four percent interest amortized over 30 years.Her payment will be $1426 per month.How much would her payment be if she wanted to amortize the mortgage over 15 years?
A)$2219
B)$1733
C)$2214
D)$1711

Ianna Has Found a Fixed Rate Mortgage for $300 000