You borrow $210,000 to purchase a home. The terms of the loan call for monthly payments over 30 years at a mortgage rate of 4.50 percent. What percentage of your first 36 months' total payments go toward interest?
A. |
81 percent |
|
B. |
72 percent |
|
C. |
65 percent |
|
D. |
59 percent |
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