Ask Question
12 September, 22:52

A house cost $150,000. If a loan is taken out for 15 years at 3.5%, what is the interest on the loan?

+5
Answers (1)
  1. 12 September, 23:01
    0
    The interest is 3.5% a month. That payment is $1.072.32. This is a total of $43,017.60 at the end of the 15 years.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A house cost $150,000. If a loan is taken out for 15 years at 3.5%, what is the interest on the loan? ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers