You Recently Assumed a 15-Year Mortgage for $250,000 at 3

question 5

Multiple Choice

You recently assumed a 15-year mortgage for $250,000 at 3.5 percent interest. How much of the second monthly payment will be applied to interest?

• A)$563.02
• B)$682.02
• C)$726.08
• D)$810.52
• E)$934.18

---

Definitions:

Effeminate

A term used to describe a man with traits, behaviors, or appearances traditionally associated with women, often used in a pejorative context.

Educated

Having acquired knowledge, skills, and learning through formal instruction or self-study.

Lesbians

Females who experience romantic and sexual desires for other females.

Heterosexuals

Individuals who are sexually attracted to members of the opposite sex.