Question: A couple decides to switch from monthly to accelerated weekly payments on their 20-year $250,000 5% fixed-rate mortgage. How much total interest would they save?

A couple decides to switch from monthly to accelerated weekly payments on their 20-year $250,000 5% fixed-rate mortgage. How much total interest would they save? Round to the nearest dollar. a) $15.560 b) $20.793 c) $21.499 d) $24,872

A couple decides to switch from monthly to accelerated weekly payments on their 20 -year $250,0005% fixed-rate mortgage. How much total interest would they save? Round to the nearest dollar. a) $15,560 b) $20,793 c) $21,499 d) $24,872

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