Question: For our mortgage example, suppose you know the annual interest rate will be 5.5 percent. Create a table that shows for amounts borrowed from $300,000

For our mortgage example, suppose you know the annual interest rate will be 5.5 percent. Create a table that shows for amounts borrowed from $300,000 to $600,000 (in $50,000 increments) the difference in payments between a 15-year, 20-year, and 30 year mortgage.

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