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Ken is financing a $355,000 mortgage for 30 years at a fixed rate of 7.55%. What is the total cost of the principal and interest after 30 years? $594,178.20 $897,976.80 $763,605…

Ken is financing a $355,000 mortgage for 30 years at a fixed rate of 7.55%. What is the total cost of the principal and interest after 30 years? $594,178.20 $897,976.80 $763,605…
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Ken is financing a $355,000 mortgage for 30 years at a fixed rate of 7.55%. What is the total cost of the principal and interest after 30 years?

$594,178.20

$897,976.80

$763,605.00

$390,668.70

User Mohan Dere
by
7.8k points

1 Answer

3 votes
I believe its the 3rd possible answer, good luck!
User Abhishek Prakash
by
8.6k points
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