You are borrowing $245,000 for 20 years at 4.375%, with monthly payments. What is the total amount of interest you will

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

You are borrowing $245,000 for 20 years at 4.375%, with monthly payments. What is the total amount of interest you will

Post by answerhappygod »

You Are Borrowing 245 000 For 20 Years At 4 375 With Monthly Payments What Is The Total Amount Of Interest You Will 1
You Are Borrowing 245 000 For 20 Years At 4 375 With Monthly Payments What Is The Total Amount Of Interest You Will 1 (35.18 KiB) Viewed 33 times
You are borrowing $245,000 for 20 years at 4.375%, with monthly payments. What is the total amount of interest you will pay if you pay the loan as agreed over the 20 years? Multiple Choice $123,509 $123,698 $368,042 $123,796 $123,042
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply