Question: Make sure that the loan is set to $200,000, the interest rate is 4% fixed, term 30 years. 1) Task 1 - If you pay
Make sure that the loan is set to $200,000, the interest rate is 4% fixed, term 30 years. 1) Task 1 - If you pay an extra $200 a month, and pay $1200 additional payment every December for the next 19 years al how much interest will you save $57,388.32 b) what date will the entire loan get paid 1/1/2037 chow much takes will you save I d) what is the loan balance on year 15.? e) how much was the total payment of the entire loan, 1) how much was the total interest payment
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