Question: USIVO Question 1 1 points Save Answer Consider a 7-year balloon loan for $120,000 where a monthly payment is equal to that of a 20-year

 USIVO Question 1 1 points Save Answer Consider a 7-year balloon

USIVO Question 1 1 points Save Answer Consider a 7-year balloon loan for $120,000 where a monthly payment is equal to that of a 20-year fixed-rate loan with a nominal annual rate of 7.2% How much will the borrowerowe when the balloon payment is due (round to the nearest dollar)? O A S109,331 OB. 896,045 O $108,915 OD. 595,028 E $95,338 OF S109,713 O G.S110,148 OH.S95,064

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