Lizzy Clar Bought a Home for $160,000, Putting Down $30,000

question 87

Multiple Choice

Lizzy Clar bought a home for $160,000, putting down $30,000. The rate of interest is 7% for 25 years. The total yearly mortgage payment is:

• A)$11,029.20
• B)$11,920.20
• C)$919.10
• D)$18,782.40
• E)None of these

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