Use the Following Information to Answer the Question(s)below

question 68

Multiple Choice

Use the following information to answer the question(s) below.
Dagny Taggart has just purchased a home and taken out a $400,000 mortgage.The mortgage has a 30-year term with monthly payments and has an APR of 5.4%.
-Dagny's monthly payments are closest to:

• A)$1110.
• B)$1800.
• C)$2215.
• D)$2245.

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Definitions:

Agricultural Products

Items derived from farming and agriculture, such as crops and livestock.

Living Standards

indicate the wealth, comfort, material goods, and necessities available to a person or society, often used as a measure of economic well-being.

Output Per Capita

The average production of goods and services per person, often used as a measure of a country's standard of living or economic performance.

Low-Income Countries

Countries classified as low-income have significantly lower GDP per capita compared to the global average, often indicating limited economic development.