Ask Question
2 March, 00:07

Adam is taking out a $197,000 mortgage. His bank offers him an APR of 4.45%. He wants to compare monthly payments on a 15 - and 30 - year mortgage. What is the difference in the two monthly payments.

a) 509.68

b) 365.75

c) 402.58

d) 231.87

+4
Answers (1)
  1. 2 March, 03:53
    0
    The answer would be A. 509.68
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Adam is taking out a $197,000 mortgage. His bank offers him an APR of 4.45%. He wants to compare monthly payments on a 15 - and 30 - year ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers