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Please solve this ASAP, I will UPVOTE for sure. Review the Monthly Principal & Interest Factor chart to answer the question: Determine the percent decrease
Please solve this ASAP, I will UPVOTE for sure.
Review the Monthly Principal \& Interest Factor chart to answer the question: Determine the percent decrease in total principal and interest paid between a 30 -year term mortgage and a 20 -year mortgage with a principal balance of $281,700.00 and a 5.5\% APR. Round the final answer to the nearest tenth. (1 point) 13.7% 15.9% 19.2% 23.8%Step by Step Solution
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