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 amortization) for $120,000 with an interest rate of 4%. What is the balance after 5 years? $108,537 o $103,175 $97,449 O $120,373 O $113,692 Question 3 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 5 years? $108,537 o $103,175 $97,449 O $120,373 O $113,692 Question 3
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