9. Compare the 15 year loan to the plan to pay off the toan in 10 years instead. Answer in complete sentences Which plan will allow Morgan to pay less per month? How much less? (3 pt) b Which plan will allow Morgan to pay less overall? How much less? (3 pt) Part 4: Mortgages 10. The Yang family plans to buy a new house soon and is considering mortgage options. They are considering two options, a 15-year mortgage with an APR of 2.75% or a 30-year mortgage with an APR of 3.14%. Both options compound interest monthly. Currently the Yang family spends (e) $ 1,760 each month in rent and plan to sp the same amount on a mortgage payment. They do not currently have a down payment and will finance the full price of home. Round answers to whole numbers. If the Yang family chooses the 15-year mortgage, how much will they be able to borrow? (3 pt) the a. b. If the Yang family chooses the 30-year mortgage, how much will they be able to borrow? (3 pt) C. Which option will allow the Yang family to borrow the most? By how much? Respond in a complete sentence. (3 pt) d. Under which option will the Yang family spend the most overall? By how much? Respond in a complete sentence. (4 pt)