Business, 13.11.2020 14:00 macimitchell
The table shows the terms of a fixed-rate mortgage.
Which accurately describes the terms of this mortgage? Check all that apply.
The homeowner is borrowing $360,000.
The monthly interest rate is 4 percent.
Monthly payments must be made for 30 years.
The annual interest rate is 4.8 percent.
The homeowner is borrowing $200,000.
Monthly payments must be made for 360 years.
Answers: 1
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The table shows the terms of a fixed-rate mortgage.
Which accurately describes the terms of this mo...
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