The total amount repaid will be
.. monthly payment × number of months
.. = $2,160 × 360
.. = $777,600
Subtracting the amount of the principal that was repaid gives the interest.
.. $777,600 -360,000 = $417,600 . . . . total interest paid
Answer:
A
Step-by-step explanation:
you multiply the numbers and add the variables
A: 63.75
B: 95.625 dollars
Where a line goes across the y axis
Or in the formula y = mx + c, the y axis is represented by c