Decide Whether the Statement Makes Sense

question 143

Essay

Decide whether the statement makes sense. Explain your reasoning.
-I have a fixed-rate 30-year mortgage of $120,000 at 8%. I inherited some money recently.
If I pay off my mortgage in 20 years instead of 30, the total amount of interest I will end up
paying will be less.

---

Definitions:

TPM Module

Trusted Platform Module, a specialized chip on an endpoint device that stores RSA encryption keys specific to the host system for hardware authentication.

Voltage Levels

The specific magnitudes of electric potential energy per unit charge at a point in an electric field, which dictate the flow of electrical current.

Maximum Memory

The largest amount of memory (RAM) that a computer system or device can support or utilize effectively.

Response Time

The time it takes for a system or device to react to a given input, commonly used in relation to display technologies and network latency.