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Determine the difference between the monthly payments on a $120,000 home at 61⁄2% and at 8% for 25 years. A. $91.12 B. $151.02 C. $81.12 D. $115.20

Determine the difference between the monthly payments on a $120,000 home at 61⁄2% and at 8% for 25 years. A. $91.12 B. $151.02 C. $81.12 D. $115.20
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3 votes
Determine the difference between the monthly payments on a $120,000 home at 61⁄2% and at 8% for 25 years.

A. $91.12
B. $151.02
C. $81.12
D. $115.20

User Kevin Quinzel
by
8.1k points

2 Answers

4 votes
the correct answer is letter D. 115.20
User Henrik Wassdahl
by
8.1k points
3 votes
the answer is B.)$151.02
User Yksh
by
8.0k points
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