The Difference Between the Monthly Payments on a $120,000 Home

question 32

Multiple Choice

The difference between the monthly payments on a $120,000 home at 6 ½% and at 8% for 25 years is (use the table in the handbook) :

• A) $81.12
• B) $151.02
• C) $115.20
• D) $91.12
• E) None of these

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