Answer:
The amount will be more by $30000 in the second loan.
Step-by-step explanation:
The loan of $60000 with APR 8% and for 25 years will grow to [tex]60000 ( 1 + \frac{8 \times 25}{100} ) = 180000[/tex] dollars
So, I have to pay $180000 after 25 years.
Now, if we add $100 per month to this final amount then I have to pay $(180000 + 100 × 25 × 12) = $210000
Therefore, the loan amount will be more by $30000 in the second loan. (Answer)