Question: Use PMT to determine the regular payment amount, rounded to the nearest dollar. In terms of paying, for a $260,000 mortgage: a 20-year fixed rate

Use PMT to determine the regular payment amount, rounded to the nearest dollar. In terms of paying, for a $260,000 mortgage: a 20-year fixed rate at 7%? How much is saved in interest?

How much the buyer will save approximately in interest?

Uso PMT= - nt to determine the regular payment amount, rounded to the nearest dollar in forms of paying less in interest, which is more economical [-(-4) 1) for a $200,000 mortgage a 30-year foxed-rate at 75% or a 20-year foed-rate at 7%? How much is saved in interest? Determine which loan is more economical Choose the correct answer below The 20-year 7% loan is more economical The 30 year 7.5% loan is more economical Inc The buyer will save approximately in interest (Do not round until the final swor Then round to the nearest thousand dollars)

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