You want to ctegsosit $15,00na bank at an interest rate of 7 percent per year What is the uture vale of this money after three yes? tuture value P+)
present value +0
OA S1837563
OR $19661.94
OC $20407.33

Which of the following are true of mortgages? a mortgage is a long-term loan secured by real estate. a borrower pays off a mortgage in a combination of principal and interest payments that result in full payment of the debt by maturity. over 80 percent of mortgage loans finance residential home purchases. all of these are true of mortgages. only a mortgage is a long-term loan secured by real estate and a borrower pays off a mortgage in a combination of principal and interest payments that result in full payment of the debt by maturity of these are true of mortgages.