Multiple Choice
You borrow $149,000 to buy a house. The mortgage rate is 7.5% and the loan period is 30 years. Payments are made monthly. If you pay for the house according to the loan agreement,how much total interest will you pay?
A) $138,086
B) $218,161
C) $226,059
D) $287,086
E) $375,059
Correct Answer:
Verified
Correct Answer:
Verified
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