Mathematics, 15.11.2019 01:31 bryanmcmillianjr

The johnsons are buying their first home. they are contemplating two similar loans. the first is a 30-year loan for $150,000 at an interest rate of 4.1% apt compounded monthly. the second is a 20-year loan for a $150,000 at an interest rate of 3.9% apr compounded monthly. what is the total amount the johnsons will pay by the end of the 20-year loan and by the end of the 30-year loan?

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The johnsons are buying their first home. they are contemplating two similar loans. the first is a 3...