Question: Question 2 10 pts Consider a 30-year fixed-rate mortgage (with monthly amortization) for $120,000 with an interest rate of 4%. What is the balance after

 Question 2 10 pts Consider a 30-year fixed-rate mortgage (with monthly

Question 2 10 pts Consider a 30-year fixed-rate mortgage (with monthly amortization) for $120,000 with an interest rate of 4%. What is the balance after 9 years? O $108,537 O $103,175 $97,568 $120,373 $113,692

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