Mortgage payments
Principal: $180,000.00
Interest Monthly
Rate
Payment
3.5%
$808
5%
$966
6%
$1079
A. $180,000
C. $9,000
How much money will
be spent in interest alone
over the course of the
5% 30-year mortgage
described in the table?
B. $347,760
D. $167,760