Use the Following Information to Answer the Question(s)below

question 64

Multiple Choice

Use the following information to answer the question(s) below.
Dagny Taggart has just purchased a home and taken out a $400,000 mortgage.The mortgage has a 30-year term with monthly payments and has an APR of 5.4%.
-The total amount of principal that Dagny will pay during the first month of her mortgage is closest to:

• A)$246.
• B)$446.
• C)$1800.
• D)$2245.

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Definitions:

Aristotle

An ancient Greek philosopher and polymath, whose extensive writings cover diverse subjects including physics, biology, metaphysics, logic, ethics, and politics, significantly influencing Western intellectual history.

Organisms Changed

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Population Growth

The increase in the number of individuals in a population, determined by factors like birth rates, death rates, immigration, and emigration.

Predation

An ecological interaction where one organism, the predator, kills and eats another organism, its prey.