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How much interest will you pay during the last six years of a 15-year $300,000 loan with an APR of 3.15% assuming you only make
How much interest will you pay during the last six years of a 15-year $300,000 loan with an APR of 3.15% assuming you only make the minimum required monthly payments?
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A. $13,915
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B. $18,223
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C. $18,641
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D. $13,551
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Entrepreneurial Finance
Authors: M. J. Alhabeeb
1st Edition
1118691512, 978-1118691519
