Mathematics, 12.03.2021 19:50 aria0826

Billy took out a 15 year loan with a principal of $25,000. He made monthly payments of $250 for the entire period, at which point the loan was paid off. How much did Sam pay in interest? 1. $20,000
2. $40,000
3. $30,000
4. $10,000

Answers: 2

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Billy took out a 15 year loan with a principal of $25,000. He made monthly payments of $250 for the...

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More questions: Mathematics Another questions

Billy took out a 15 year loan with a principal of $25,000. He made monthly payments of $250 for the entire period, at which point the loan was paid off. How much did Sam pay in interest? 1. $20,000 2. $40,000 3. $30,000 4. $10,000

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Another question on Mathematics

Billy took out a 15 year loan with a principal of $25,000. He made monthly payments of $250 for the entire period, at which point the loan was paid off. How much did Sam pay in interest? 1. $20,000
2. $40,000
3. $30,000
4. $10,000