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Dennis and Darla have a 15/6 balloon mortgage for $178,800 with a rate of 3.95%. How much will they pay in interest over the life of the loan? The choices are: 1) $35,738.45 2) $29,807.39 3) $30,779.09
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Dennis and Darla have a 15/6 balloon mortgage for $178,800 with a rate of 3.95%. How much will they pay in interest over the life of the loan?

The choices are:

1)
$35,738.45


2)
$29,807.39


3)
$30,779.09


4)
$36,132.26

User JRL
by
8.5k points

1 Answer

3 votes

Answer:

The answer is d.

Explanation:


User Tomvon
by
6.5k points
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