Asked by hello
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Question
Using an online loan calculator, find the total cost of repaying a $75,000 mortgage loan with a 4.5% fixed annual interest rate compounded monthly and a 30-year loan term.(1 point)
Responses
$75,000
$75,000
$380.01
$380.01
$136,805.03
$136,805.03
$61,805.03
Answers
Answered by
GPT 3.5
The correct answer is $136,805.03.
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