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Help please!!!!
Amara has taken out a fixed rate mortgage for $125,000 at 4.04% for 20 years, or 240 months. Her payments are $730. What is the total cost of the loan?
A. $130,050
B. $175,200
C. $211,680
D. $226,000

Respuesta :

mhanifa

Answer:

B. $175,200

Step-by-step explanation:

Monthly payment

  • $730

Number of payments

  • 240

Total cost of the loan is:

  • $730*240 = $175200

Correct answer choice is: B

zame

Answer:

B. $175,200

Step-by-step explanation:

correct on test

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