Question: Only need the answer for question 25.....information to answer the question is found in question 24 You borrowed 15-year loan of $250,000 from QNC bank

 Only need the answer for question 25.....information to answer the question

Only need the answer for question 25.....information to answer the question is found in question 24

You borrowed 15-year loan of $250,000 from QNC bank to buy a house. The interest rate is 6 percent per year, and the loan calls for equal monthly payments. How much total interest is paid in the 3rd year? $12,363.11 $13,363.11 $14,363.11 $15,363.11 Question 25 4 pts (Previous question continued) How much total interest is paid over the life of the loan? $99,735.57 $109,735.57 $119,735.57 $129,735.57

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