Economy, asked by khany459, 3 months ago

In our brief case study, we assume the Thomas and Jefferson families have identical mortgages (30-year term, fixed-
rate 6% APR, and a loan amount of $175,000). The Thomas family will not pay extra but the Jeffersons will. Follow the
steps below prior to your analysis.

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Answered by Anonymous

0

175000×6×30/100=17500×18= 315000

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