Question 3 (1 point)\ Inez will borrow

$300,000

from the bank as a mortgage on her new home. The correct monthly rate is

0.38%

and the term of the mortgage is 20 years. Her payments are monthly. What are her monthly payments?\

$1,862

\

$1,962

\

$2,062

\

$2,170

Inez will borrow $300,000 from the bank as a mortgage on her new home. The correct monthly rate is 0.38% and the term of the mortgage is 20 years. Her payments are monthly. What are her monthly payments? $1,862 $1,962 $2,062 $2,170