Toni is considering a 3/27 balloon mortgage with an interest rate of 5.1% to
purchase a house for $121,000. What will be her balloon payment at the end
of 3 years?
O
A. $109,715.78
O
B. $108,908.33
O
C. $108,983.14
O
D. $115,460.91
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Home » Mathematics » Toni is considering a 3/27 balloon mortgage with an interest rate of 5.1% to purchase a house for $121,000. What will be her balloon payment at the end of 3 years? O A. $109,715.78 O B. $108,908.33 O C. $108,983.14 O D. $115,460.91