Question: Question 9 (3 points) Saved St. Michel borrows a $ 120,000 monthly amortizing mortgage at 9 percent for 30 years. How much interest does he

 Question 9 (3 points) Saved St. Michel borrows a $ 120,000

Question 9 (3 points) Saved St. Michel borrows a $ 120,000 monthly amortizing mortgage at 9 percent for 30 years. How much interest does he pay in the first year of the mortgage? 900.00 10766.73 65.55 965.55

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