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Mathematics, 30.01.2020 13:49 pal23

Since they filed bankruptcy in the past, a couple ends up paying a 12% fixed rate for a 30 year mortgage. with a better credit rating, they could have gotten the loan at a rate of 8%. if their loan amount is $140,000, how much more per month will the couple be paying for their mortgage as a result of their bankruptcy?

a.
$137,532.67
b.
$412.79
c.
$1,440.06
d.
$260.37

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Answers: 3

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