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Mathematics, 24.06.2019 12:30 ipadguy1806

Cynthia has the choice of taking out a 25-year loan for $155,000 at 4.4% interest, compounded monthly, or the same loan at 20 years for a higher monthly payment. if she would pay a total of $100,831 in interest on the 25- year loan, how much in total would she pay in interest on the 20-year loan?

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Cynthia has the choice of taking out a 25-year loan for $155,000 at 4.4% interest, compounded monthl...

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