Assume you select a 15-year mortgage with an interest rate


Assume you select a 15-year mortgage with an interest rate of 7.5 percent. How much total interest will you pay to the lender? (mortgage loan is still $150,000)

$104,880.28

$100,294.00

$87,060.92

$98,760.300

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Financial Management: Assume you select a 15-year mortgage with an interest rate
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