Question: A borrower should consider making extra principal payments on a level-payment mortgage (assuming they are allowed) O if the dollar amount of those extra payments
A borrower should consider making extra principal payments on a level-payment mortgage (assuming they are allowed) O if the dollar amount of those extra payments could be invested at a higher rate than the interest rate on the loan O if the borrower believes interest rates are going to rise. O if the dollar amount of those extra payments could not be invested at a higher return than the interest rate on the loan
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