Mathematics, 23.04.2021 17:30 carlinryan

Miranda is buying a house and will need to borrow $150,000 after she makes her down payment. She can choose a 25 year mortgage or a 30 year mortgage
at an interest rate of 3% compounded annually. How much more will the 30
year mortgage cost that the 25 year mortgage?

A) $22,500.00
B) $50,022.68
C) $134,970.00
D) $173,891.11

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Miranda is buying a house and will need to borrow $150,000 after she makes her down payment. She c...

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