Question

which is the best estimate of the amount of interest you will save if if you take the 5% of loan instead of the 6% loan?

Answer 1

For the 5% loan, you will pay a total of:

$219\cdot25=5475$

For the 6% loan, you will pay a total of:

$221\cdot25=5525$

if if you take the 5% of loan instead of the 6% loan you will save:

$5525-5475=50$

Answer:

$50