Mathematics, 24.03.2020 10:24 tommyaberman
You wish to take out a $200,000 mortgage. The yearly interest rate on the loan is 4% compounded monthly, and the loan is for 30 years. Calculate the total interest paid on the mortgage.
Round your answer to the nearest dollar.
Do NOT round until you have calculated the final answer.
Do NOT include commas or the dollar sign in your answer.
Answers: 1
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You wish to take out a $200,000 mortgage. The yearly interest rate on the loan is 4% compounded mont...
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