Darby bought a house for $445,000. She finance $356,175 of the purchase price with a 25 year fixed rate mortgage with a 7.15% interest-rate. What is the total cost of the principal and interest after 25 years? (show work)
A = $765,468.00
B = $956,364.00
C = $774,442.25
D = $967,577.25
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Home » Mathematics » Darby bought a house for $445,000. She finance $356,175 of the purchase price with a 25 year fixed rate mortgage with a 7.15% interest-rate. What is the total cost of the principal and interest after 25 years? (show work) A = $765,468.