Lilo and Stitch are buying a $125,000 house and putting 20% down. The bank is offering a 20-year loan at 5% compounded monthly. a) What is the loan amount? b) What will the mont…

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Larson · Answer 1 · 2021-02-19T05:16:53+0000

I believe the answer your looking for is C) what is tthe (approximate) total amount of interest paid during the term of the loan.