kisses4youtoo kisses4youtoo

20-01-2024
Mathematics

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George and Patty need a mortgage for $375,000 and they'd like the term length to be 30 years. They are debating between two loan options which at the surface, look very similar. Loan A: 4.5% with monthly payments of $1900.07 Loan B: 4.75% with monthly payments of $1956.18 How much is the total payback for each mortgage option?

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blackstarnight66 blackstarnight66

20-01-2024

The answer for your very complicated question is 190007¢ and if you ask how it’s not so simple or strait forward but I can give you the answer of 190007¢

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