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thank you e McAbee is comparing two ways to make mortgage payments for her 220.000 loan with a 4.53% annual rate, 30 year amortization: regular
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e McAbee is comparing two ways to make mortgage payments for her 220.000 loan with a 4.53% annual rate, 30 year amortization: regular monthly payments of $1,169.48 or biweekly payments of $584.74 If she chooses the biweekly payments, she will: make 24 payments each year of $584.74 and payoff the loan in 25.6 years make 25 payments each year of $584.74 and payoff the loan in 25.6 years c. make 24 payments each year of $584.74 and payoff the loan in 30 years make 26 payments each year of $584.74 and payoff the loan in 19.4 yearsStep by Step Solution
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