Which One of the Following Set of Mortgage Terms Will

question 66

Multiple Choice

Which one of the following set of mortgage terms will cause the borrower to pay the most interest,assuming the mortgage is paid according to the amortization schedule?

• A) 10-year, 6.5 percent
• B) 10-year, 7.0 percent
• C) 15-year, 7.0 percent
• D) 30-year, 6.5 percent
• E) 30-year, 7.0 percent

---

Definitions:

Egalitarian

Referring to the principle that all people are equal and deserve equal rights and opportunities.

Autonomy

Autonomy refers to the capacity and right of people to make their own choices and govern themselves independently.

Prefrontal Cortex

The part of the brain located at the front of the frontal lobes, involved in decision making, problem-solving, and controlling social behavior.

Rejected Adolescents

Adolescents who are uniformly disliked.