Assume you are in the market to purchase a new home worth up to $200,000, economics homework help

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Economics

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  • Assume you are in the market to purchase a new home worth up to $200,000. Discuss whether it makes more sense to opt for a 30-year mortgage or a 15-year mortgage. Explain your rationale
  • One full page please

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Explanation & Answer

Attached.

OUTLINE ON ECONOMIC DISCUSSION
1) coverpage
2) introduction
3) main body
4) conclusion
5) references


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In the event that a person is purchasing a home, they are probably getting a gorgeous new
house together with a big fat loan that comes with it. In most balance sheets belonging t...


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