rolo30531 rolo30531
  • 15-05-2024
  • Business
Answered

Stephen has just purchased a home for ​$126 comma 800126,800. A mortgage company has approved his loan application for a​ 30-year fixed-rate loan at 4.754.75​%. Stephen has agreed to pay 2525​% of the purchase price as a down payment. If stephen made the same loan for 20​ years, how much interest would he​ save?



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