If you borrow 96% of the $250,000 purchase price for the house you just purchased, at 6.5% for 30 years, how much will you ultimately pay for this home? O $386,318.77 $546,106.77 O $576,106.77 $556,106.77

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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If you borrow 96% of the $250,000 purchase price for the house you just purchased, at
6.5% for 30 years, how much will you ultimately pay for this home?
$386,318.77
O $546,106.77
O $576,106.77
O $556,106.77
Transcribed Image Text:If you borrow 96% of the $250,000 purchase price for the house you just purchased, at 6.5% for 30 years, how much will you ultimately pay for this home? $386,318.77 O $546,106.77 O $576,106.77 O $556,106.77
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