lan has the choice of taking out a 25 year loan for 205 000 at...
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lan has the choice of taking out a 25 year loan for 205 000 at 3 2 interest compounded monthly or the same loan at 20 years for a higher monthly payment If he would pay a total of 93 077 in interest on the 25 year loan how much in total would he pay in interest on the 20 year loan O A Less than 93 077 OB More than 93 077 but less than 205 000 OC 93 077 OD 205 000
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