Personal Finance, 4e (Madura)

1) fixed-rate mortgage. Question Status: Existing/Old. 2) amortization schedule. Question Status: Existing/Old. Answers: 1) A 2) B. Essay. 1) For a $72,000 mortgage at 9 percent, the monthly payments would be $730 for a 15-year mortgage and $579 for a 30-year mortgage. What would be the total savings in interest by using a 15-year mortgage? (a ... ................
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