Question: Question 12 Correct Answer D & 0/0 pts Five years ago you took out a 30-year mortgage with an APR of 6.20% for $206,000.

Question 12 Correct Answer D & 0/0 pts Five years ago you

Question 12 Correct Answer D & 0/0 pts Five years ago you took out a 30-year mortgage with an APR of 6.20% for $206,000. If you were to refinance the mortgage today for 20 years attan APR of 3.95%, how much would your new loan payment? $1,159.39 You Answered $1,261.69 $1,271.51 $1,149.82 N

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