1) If you borrow $120,000 at an APR of 7% for 25 years, you will pay $848.13 per month. If you
...
Mathematics, 18.02.2020 22:10 joannasalazar450
1) If you borrow $120,000 at an APR of 7% for 25 years, you will pay $848.13 per month. If you
borrow the same amount at the same APR for 30 years, you will pay $798.36 per month.
a. What is the total interest paid on the 25-year mortgage?
Answers: 3
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