Question: Previous Problem (1 point) Mr. Smith is purchasing a $ 180000 house. The down payment is 20 % of the price of the house. He

 Previous Problem (1 point) Mr. Smith is purchasing a $ 180000

Previous Problem (1 point) Mr. Smith is purchasing a $ 180000 house. The down payment is 20 % of the price of the house. He is given the choice of two mortgages: a) a 30-year mortgage at a rate of 10 %. Find the monthly payments (1the total amount of interest paid: $ b) a 15-year mortgage at a rate of 10%. Find The monthly payment: $ m) the total amount of interest paid: $

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