97.6k views
4 votes
True or false: A 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over the life of the loan will be less. True/false

5. True or false: Buying a single company's stock usually provides a safer return than a stock mutual fund.
True/false

User JanithaR
by
8.6k points

1 Answer

1 vote
The statement "A 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over the life of the loan will be less" is true.

The statement "Buying a single company's stock usually provides a safer return than a stock mutual fund" is true.
User Schiavini
by
7.8k points

No related questions found