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Buisness Course Q1. You purchase a house for $150,000 and pay $30,000 down. Which of the following is accurate? A) The principal of the loan

Buisness Course
Q1. You purchase a house for $150,000 and pay $30,000 down. Which of the following is accurate?
A) The principal of the loan is $120,000.
B) The total cost of the loan is $120,000.
C) The principal of the loan is $150,000.
D) The total cost of the loan is $180,000.
image text in transcribed
You purchase a House for $150,000 and pay $30,000 down. Which of the following is accurate? A) The principal of the loan is $120,000. B) The total cost of the loan is $120,000 C) The principal of the loan is $150,000. D) The total cost of the loan is $180,000

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