4 1 point Andy and Sean can choose between weekly payments

Last updated: 11/1/2023

4 1 point Andy and Sean can choose between weekly payments or accelerated weekly payments for their mortgage Why would choosing accelerated weekly payments pay down the mortgage faster than weekly payments The payment amount is greater resulting in one extra monthly payment being paid each year b The payments are made more frequently resulting in one extra monthly payment being paid each year The amortization term is shorter resulting in one extra monthly payment being paid each year d None of the above