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a) a home loan for $450,000 at 5% annual interest compounded monthly for 15 years. b) a home loan for $450,000 at 5% annual interest
a) a home loan for $450,000 at 5% annual interest compounded monthly for 15 years. b) a home loan for $450,000 at 5% annual interest compounded monthly for 30 years. Marcia should take loan (a) because [Select) due to [Select) Addison should take (Select] because [ Select) due to [Select] a) a home loan for $450,000 at 5% annual interest compounded monthly for 15 years. b) a home loan for $450,000 at 5% annual interest compounded monthly for 30 years. Marcia should take loan (a) because [Select) due to [Select) Addison should take (Select] because [ Select) due to [Select]
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