Ask Question
16 August, 08:51

Darby bought a house for $445,000. She finance $356,175 of the purchase price with a 25 year fixed rate mortgage with a 7.15% interest-rate. What is the total cost of the principal and interest after 25 years? (show work)

A = $765,468.00

B = $956,364.00

C = $774,442.25

D = $967,577.25

+5
Answers (1)
  1. 16 August, 12:35
    0
    It is B Because you are finding the intrest rate which means find the rate first hen subtract the actual rate to the interest rate
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Darby bought a house for $445,000. She finance $356,175 of the purchase price with a 25 year fixed rate mortgage with a 7.15% ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers