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Author Question: Greg and Kathy are considering purchasing a home requiring an $85,000 mortgage. The payment on a ... (Read 57 times)

aabwk4

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Greg and Kathy are considering purchasing a home requiring an $85,000 mortgage. The payment on a 30-year mortgage for this amount is $605. The payment for a 15-year mortgage is $752. What is the additional amount of interest paid on the 30-year mortgage?


◦ $82,440
◦ $52,920
◦ $135,360
◦ $26,460


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Marked as best answer by aabwk4 on Apr 14, 2019

Pariscourtney

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aabwk4

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Reply 2 on: Apr 14, 2019
Thanks for the timely response, appreciate it


patma1981

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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