Question: need help. please give step by step solutions. Maria and John have been married for 2 years and just learned that they are pregnant. 1.
need help. please give step by step solutions.

Maria and John have been married for 2 years and just learned that they are pregnant. 1. They have been renting a small apartment but decide to purchase a house. They nd one that is selling for $525,000. They decide to make a 15% down payment They are considering 2 nancing options: Option 1: a 4.0% interest 30-year mortgage: Option 2: a 3.25% interest 15-year mortgage: Answer the following questions showing all your work to reach each answer. A. Which option will result in a lower monthly payment if they take the ll] term of the mortgage? What will that monthly payment be? B. Which option will result in the most total interest if they take the ll] term of the mortgage? What will that total interest be
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