Question: How much interest will you pay during the last three years of a 30-year $375,000 loan with an APR of 5.75% if you only make

How much interest will you pay during the last three years of a 30-year $375,000 loan with an APR of 5.75% if you only make the minimum monthly payments?

  • A. $8,342

  • B. $331,374

  • C. $6,579

  • D. $6,934

  • E. $11,404

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