Тестовый вопрос
George has found an apartment for $200,000. After making a 20% down payment, he takes out a 30-year mortgage to pay the rest of the price in monthly installments. The monthly interest rate is 1%. Which of the following options would double the monthly installments?
Ответ
(A) Halving the mortgage term would increase the monthly payment, but it would not double it because the payment amount depends on the interest accumulation over time. (B) Doubling the monthly interest rate from 1% to 2% would significantly increase the monthly payment, but not exactly double it. The relationship between interest rate and payment is not linear. (C) Halving the down payment from 20% to 10% increases the loan amount from $160,000 to $180,000, it does not double the monthly payments.