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3.You are buying your first home and need to get a loan for $200,000. Compare these two options: Loan A: a 30-year loan with APR
3.You are buying your first home and need to get a loan for $200,000. Compare these two options:
Loan A: a 30-year loan with APR of 4.2%
Loan B: a 20-year loan with an APR of 3.9%
(c) How much more, in total (at the end of each loan), will you pay for loan A than for loan B?
Please DO NOT include dollar sign ($) with your answer, and do not worry about the extra zeros canvas enters after you enter your answer.
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