Solved: The loan is 124000 with a down payment of 35 and a 30 year, Accounting Basics

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The loan is 124000 with a down payment of 35 and a 30 year

Question - Shopping for a loan question. The loan is $124,000 with a down payment of 3.5% and a 30 year agreement paying off the loan with 4% interest.

A. What is the total amount you will pay over the lifetime of the loan?

B. How much will you pay in INTEREST ONLY?

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Accounting Basics: The loan is 124000 with a down payment of 35 and a 30 year

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Accounting Basics: The loan is 124000 with a down payment of 35 and a 30 year

Reference No:- TGS02871888

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