Question: How much interest will you pay during the last six years of a 15-year $300,000 loan with an APR of 3.15% assuming you only make

How much interest will you pay during the last six years of a 15-year $300,000 loan with an APR of 3.15% assuming you only make the minimum required monthly payments?

  • A. $13,915

  • B. $18,223

  • C. $18,641

  • D. $13,551

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