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17.) (10 pts) You are buying a house and need to take out a loan for $200,000. A bank offers two different options: Option A

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17.) (10 pts) You are buying a house and need to take out a loan for $200,000. A bank offers two different options: Option A is a 30 year loan at 6.35%. Option B is a 15 year loan at 6.15%. What is your monthly payment for each loan? How much interest do you pay over the life of each loan? Discuss which option you would go with and why

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