Question

Shawn bought a beautiful house for 350,000. her loan was for 30 years at 6.5% APR. how much money will she

end up paying in interest?
answer:
A.$68,250
B.$682.50
C.$68.25
D.$682,500

Answer 1

D

Explanation:

I am not sure if my answer is right, this is what I did :-

350,000 x 30 = 10,500,000

10,500,000 x 6.5% = 682,500

Tell me if I was right. Thank you !!