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Xenia takes out a $350,000.00 mortgage with a term of 4 years and an amortization period of 15 years. The interest rate on the mortgage

Xenia takes out a $350,000.00 mortgage with a term of 4 years and an amortization period of 15 years. The interest rate on the mortgage is 9.000% compounded weekly and she will make monthly payments. How much does she still owe when the term is over?

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a.

$305,800.21.

b.

$296,893.41.

c.

$356,272.09.

d.

$302,831.28.

e.

$308,769.15.

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