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You need a 15-year, fixed-rate mortgage to buy a new home for $210,000. Your mortgage bank will lend you the money at a 9.1 percent

You need a 15-year, fixed-rate mortgage to buy a new home for $210,000. Your mortgage bank will lend you the money at a 9.1 percent APR for this 180-month loan. However, you can afford monthly payments of only $900, so you offer to pay off any remaining loan balance at the end of the loan in the form of a single balloon payment. How large will this balloon payment have to be for you to keep your monthly payments at $900? Multiple Choice O $474,423.33 O $11.198.94 O $493,400.26 O $121,784.08 O $460,190.63

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