Question
You want to buy your dream house by borrowing $300,000 for 15 years, with monthly payments. The bank quotes a fixed rate of 5.5%. What
You want to buy your dream house by borrowing $300,000 for 15 years, with monthly payments. The bank quotes a fixed rate of 5.5%. What is the total interest you paid by the end of the 5th year?
| $45,559.96 | ||
| $64,829.48 | ||
| $81,365.47 | ||
| $59,139.85 | ||
| $72,942.01 |
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Investments An Introduction
Authors: Herbert B Mayo
9th Edition
324561385, 978-0324561388
