Question: Please solve for which multple choice answer this is !! Thank you !!!! 10:42 nsvs.ednet.ns.ca Not yet answered Marked out of 0.20 P Flag question
10:42 nsvs.ednet.ns.ca Not yet answered Marked out of 0.20 P Flag question Donavon was approved for a mortgage to finance his new house that he purchased for $325 000. He made a down payment that was 20% of the purchase price. The mortgage is compounded semi-annually at an interest rate of 4.2%. Donavon will repay the mortgage in 25 with regular monthly payments. How much interest will he have to pay? Select one: O a. $198 495.30 O b. $158 796.24 O c. $93 796.24 O d. $160 375.01 Next page
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