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sorry Interest Rate: 3.75% Term: 20 years Amortization: 30 years How much total principal will be paid during the term of this loan? None of
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Interest Rate: 3.75% Term: 20 years Amortization: 30 years How much total principal will be paid during the term of this loan? None of these are correct $3,749 365.24 $2.578.405.74 O $4,800,000.00 O $2,844,122.08 How much total interest will be paid during the term of this loan? None of these are correct O $2,924,047.07 O $2.927.396.60 $2.756.685.88 $254.904.20 What is the balloon payment at the end of the term? $2,221.594.26 None of these are correct $2,924,047.07 $4,443.940.75 O $355.723.44 Loan amount: $4,800,000 Interest Rate: 3.75% Term: 20 years Amortization: 30 years How much total principal will be paid during the term of this loan? None of these are correct $3.749.365.24 O $2,578,405.74 O $4,800,000.00 O $2,844,122.08 How much total interest will be paid during the term of this loan? None pf these are correct $2,924,047.07 $2.927,396,60 $2.756,685.88 $254.904.20 What is the balloon payment at the end of the term? O $2,221.594.26 None of these are correct $2,924,047.07 O $4.443.940.75 $355,723.44 Interest Rate: 3.75% Term: 20 years Amortization: 30 years How much total principal will be paid during the term of this loan? None of these are correct $3,749 365.24 $2.578.405.74 O $4,800,000.00 O $2,844,122.08 How much total interest will be paid during the term of this loan? None of these are correct O $2,924,047.07 O $2.927.396.60 $2.756.685.88 $254.904.20 What is the balloon payment at the end of the term? $2,221.594.26 None of these are correct $2,924,047.07 $4,443.940.75 O $355.723.44 Loan amount: $4,800,000 Interest Rate: 3.75% Term: 20 years Amortization: 30 years How much total principal will be paid during the term of this loan? None of these are correct $3.749.365.24 O $2,578,405.74 O $4,800,000.00 O $2,844,122.08 How much total interest will be paid during the term of this loan? None pf these are correct $2,924,047.07 $2.927,396,60 $2.756,685.88 $254.904.20 What is the balloon payment at the end of the term? O $2,221.594.26 None of these are correct $2,924,047.07 O $4.443.940.75 $355,723.44 Step by Step Solution
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