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4. How much interest will you pay in the 12th year of a $100,000, 5.5%, 25 year mortgage, assuming annual compounding? a. 3,999.631 b. 3,914.789

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4. How much interest will you pay in the 12th year of a $100,000, 5.5%, 25 year mortgage, assuming annual compounding? a. 3,999.631 b. 3,914.789 c. 3,956.149 d. 3,922.347 e. 3,931.961

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