Your Real Estate Agent Mentions That Homes in Your Price

question 19

Multiple Choice

Your real estate agent mentions that homes in your price range require a payment of approximately $1,200 per month over 30 years at 9 percent interest.What is the approximate size of the mortgage with these terms?

• A)$128,035
• B)$147,940
• C)$149,140
• D)$393,120 PV = $1,200

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The rate at which two currencies can be traded for each other, adjusted for inflation differentials between the two countries.

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The rate at which one country's currency can be traded for another country's currency, not adjusted for inflation.

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The official currency of South Africa, symbolized as ZAR.

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A measure of a country's exports minus its imports, indicating whether a country is in a surplus or deficit trade position.