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Score: 0 of 1 pt 86 of 89 (32 complete) HW Score: 33.8%, 30.08 of 89 p 4.D.37 Overview question 86 of 89,32 complete telp

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Score: 0 of 1 pt 86 of 89 (32 complete) HW Score: 33.8%, 30.08 of 89 p 4.D.37 Overview question 86 of 89,32 complete telp Compare the monthly payments and total loan costs for the following pairs of loan options. Assume that both loans are fixed rate and have the same closing costs. You need a $180,000 loan Option 1: a 30-year loan at an APR of 9.5%. Option 2. a 15-year loan at an APR of 9%. Find the monthly payment for each option The monthly payment for option 1 is $[ The monthly payment for option 2 is $ (Do not round until the final answer. Then round to the nearest cent as needed.) . vi s More Enter your answer in the edit fields and then click Check Answer, Clear All Check Answer 2 parts remaining https://openvellum.ecollege.com brary

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