QUESTIONS Suppose you obtain a mortgage for $200,00, you have to put 20% down the...
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QUESTIONS Suppose you obtain a mortgage for $200,00, you have to put 20% down the interest rate is 4% a year and the mortgage is for 30 years. How much will you pay in TOTAL for this $200,000 loan? A $533.33 B. $114,991.21 C $234,556.76 D. $274,991.21 QUESTION 9 Suppose you obtain a mortgage for $200,00, you have to put 20% down, the interest rate is 6.5% a year and the mortgage is for 30 years. How much will you pay in TOTAL for this $200,000 loan? A. $1,011.31 B. $204,071.18 C. $364,071.18 D. 5474 991.21

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