How the fixed rate loan at the same rate
Maria is debating between two different mortgages for $155,000. She found a 20-year fixed rate loan at 7.35% and 15-year fixed rate loan at the same rate. How much more interest will she pay for the 20-year loan versus the 15-year loan?
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Keeping the time value of money in mind if an investor choose the 30 year mortgage, what does that say about their opinion of the time value money?
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Write a letter to the editor on land pollution that threatens the health of individuals living in Guyana, and clearly define the problem.
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