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If you make monthly payments of $2,500 for 8 years, determine the total payment over the lifetime of the loan. a. $20,000 C. $200,000 b. $30,000 d. $240,000
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7 votes
7 votes
If you make monthly payments of $2,500 for 8 years, determine the total payment over the lifetime of the loan.

a.
$20,000
C.
$200,000
b.
$30,000
d.
$240,000

User Paseena
by
2.5k points

2 Answers

26 votes
26 votes

Answer:

its a on edge 2022

Explanation:

User Harryngh
by
3.0k points
22 votes
22 votes
The answer is $240,000
User Optimiertes
by
2.8k points
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