Question
You borrowed $300,000 to purchase a home. The thirty-year mortgage has interest rate of 3.75 percent. If you pay off the loan in the thirty-year
You borrowed $300,000 to purchase a home. The thirty-year mortgage has interest rate of 3.75 percent. If you pay off the loan in the thirty-year period by making all your payments on time, how much total interest would you pay?
| A. | $253,620 | |
| B. | $200,165 | |
| C. | $342,050 | |
| D. | $185,642 |
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Unretirement How Baby Boomers Are Changing The Way We Think About Work Community And The Good Life
Authors: Chris Farrell
1st Edition
1632863235,1620401584
