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The Henley's took out a loan for $195,000 to purchase a home. At a 4.3% interest rate compounded annually, how much total will they have paid after 30 years?

The Henley's took out a loan for $195,000 to purchase a home. At a 4.3% interest rate compounded annually, how much total will they have paid after 30 years?
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1 vote
The Henley's took out a loan for $195,000 to purchase a home. At a 4.3% interest

rate compounded annually, how much total will they have paid after 30 years?

User Elias Yarrkov
by
7.5k points

1 Answer

5 votes

Answer:

$251550.02 total

User Jabson
by
7.8k points
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