Question: Question 8 1 pts You need to borrow $200,000 for 30 years (monthly payment). Your can choose either a Constant Payment Mortgage, or an Interest-only

Question 8 1 pts You need to borrow $200,000 for 30 years (monthly payment). Your can choose either a Constant Payment Mortgage, or an Interest-only loan, and the interest rate for either loan is 4.75% per year. What is the difference in the total interest paid between the two loans during the entire 30 years? 126534.10 123925.31 109413.93 90872.87

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