Question $15$

$1$ pts

You obtained a $27-$year mortgage loan of $$578\mathrm{.}595,$ with an interest rate of $696$ and you are paying off your loan with monthly payments. What is the total interest expense for the $7^{th}$ year?

$833,411$

$$30,652$

$$27,587$

$$31,572$

$$28,813$