Question: 20. How much would the total repayments differ between a fully amortizing 25 year loan for $500,000 at 6.55% and an identical loan repaid over

20. How much would the total repayments differ between a fully amortizing 25 year loan for $500,000 at 6.55% and an identical loan repaid over 15 years? a) $139,477.56 b) $184,816.63 c) $289,110.40 d) $231,029.65

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