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9 February, 21:29

Jim has obtained a 7/23 balloon mortgage. After the initial period, he decided

to refinance the balloon payment with a new 30-year mortgage. How many

years will he be paying for his mortgage in total?

O

O

O

O

A. 30 years

B. 37 years

C. 23 years

D. 7 years

+2
Answers (2)
  1. 9 February, 21:33
    0
    c

    Step-by-step explanation:

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  2. 9 February, 21:38
    0
    The answer is B.) 37 years
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