You Borrowed $150,000 to for a period of 15 years at fixed APR of 6% to buy a house.  How much is your total payments over 15 years for this loan. Use 6 digits after decimal when calculating. But give your final answer with 2 digits after decimal.    choose the closet answer to yours choices 198756.43 227841.17   179459.38

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 8EB: You put $600 in the bank for 3 years at 15%. A. If Interest Is added at the end of the year, how...
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You Borrowed $150,000 to for a period of 15 years at fixed APR of 6% to buy a house. 

How much is your total payments over 15 years for this loan.

Use 6 digits after decimal when calculating. But give your final answer with 2 digits after decimal. 

 

choose the closet answer to yours

choices

198756.43
227841.17
 
179459.38
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