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Let's assume you finance your house through Wells-Fargo Bank. Below, please find the Truth-in-Lending Disclosure (TILD). Calculate Finance Charge, i.e., the dollar amount the credit

Let's assume you finance your house through Wells-Fargo Bank. Below, please find the Truth-in-Lending Disclosure (TILD). Calculate Finance Charge, i.e., the dollar amount the credit will cost you at the end of the term.

Amount Financed $400,000

Annual Percentage Rate 5.0%

Term 30 Years

Taxes and Insurance per month (Escrow account set up by Wells-Fargo.) $440 Group of answer choices

a: $373,023.14

b: $385,245.57

c: $384,021.35

d: $388,242.05

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