Mathematics, 05.05.2020 15:31 Theyfall4raven
Roy took out a 30-year loan for $155,000 at an APR of 5.5%, compounded monthly. Approximately what would be the total cost of his loan if he paid it off 4 years early?
A. $312,423.90
B. $316,825.20
C. $37,842.06
D. $274,581.84
Answers: 1
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Roy took out a 30-year loan for $155,000 at an APR of 5.5%, compounded monthly. Approximately what w...
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