Mathematics, 03.03.2021 19:10 blayneaafedt
A person who files bankruptcy ends up paying a 6% higher fixed interest rate on a 30-year home loan than a person who has not filed bankruptcy. The person who files bankruptcy pays a 12% interest rate on their home loan. If the loan amount is $150,000, how much more in total interest do they pay than the person who has not filed bankruptcy?
a.
$258,375.30
b.
$643.59
c.
$149,536.52
d.
$231,693.52
Answers: 3
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A person who files bankruptcy ends up paying a 6% higher fixed interest rate on a 30-year home loan...
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