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A 30 year fixed rate mortgage at 4.5% with principal of $150,000 has a monthly payment of $760 per month. After
30 years, what is the total amount spent on interest?
A) $6,750
B) $123,600
c) $156,750
D) $273,600

Sagot :

Answer:

A 30 year fixed rate mortgage at 4.5% with principal of $150,000 has a monthly payment of $760 per month. After

30 years, what is the total amount spent on interest?

A) $6,750

B) $123,600

c) $156,750

D) $273,600

Step-by-step explanation:

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