Question
Loretta Scholten bought a home for $210,000 with a down payment of $30,000. Her rate of interest is 5 5/8% for 15 years. Calculate the
Loretta Scholten bought a home for $210,000 with a down payment of $30,000. Her rate of interest is 5 5/8% for 15 years. Calculate the total cost of interest for Loretta Scholten. (Use Table 15.1.)
Note: Do not round intermediate calculations. Round your final answer to the nearest cent.
what was the total cost of Interest
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Innovation And Finance
Authors: Andreas Pyka, Hans-Peter Burghof
1st Edition
0415696852, 978-0415696852
