Question: This assignment will give you the opportunity to apply what you have leamed about Time Value Money to everday life. In this instance, calculating a

This assignment will give you the opportunity to apply what you have leamed about Time Value Money to everday life. In this instance, calculating a mortages monthy payment and principle Instructions: Congratulations! You have just signed a contract to purchase your first home! Your purchase price is $300,000 and you plan to put 20% down Calculate your monthly principal and interest payments for the life of the loan for a 15-year mortgage at 2.875% a 30-year mortgage at 3.25%. Compare and contrast these two options. What are the Pros and Cons of each? Requirements: Add the

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