Angel Graham takes out a $150,000 mortgage. This is a 30-year at $725 per month. What is the total amount of interest that Angel will pay on this mortgage?Total Interest = $_____
Answers
Answer:
$111, 000
Step-by-step explanation:
Morgage amount is given as $150, 000
Repayment plan
Every month, Angel pays $725
Therefore, every year, Angel repays $725*12=$8700
The plan goes for 30 years hence
Total amount paid after 30 years will be $8700*30=$261, 000
Interest =Total payment-morgage value
Interest paid=261000-150000=111000
Therefore, total interest is $111, 000
Related Questions
Hi can somebody check if this is correct please?
You are able to count pennies at a rate of 1 penny per second. How manydays will it take for you to count 268,453 pennies?
कम्प्युटरको गति मापन गर्ने एकाइहरूलाई वर्णन गर्नुहोस् ।
Solve the inequality.x/3-x-1/2≥1 a. x≤-3 b. x≥-3 c. x≤3 d. x≥3
Answers
Answer:
2 8/115
Step-by-step explanation:
Answers
Yes, that is correct because 2 and 4 can both go into 8 making it a factor of the number you are talking about. ANSWER: That is true
a= 6 2/3, b=7
Answers
Answer:
29/3
Step-by-step explanation:
A^2= 400/9
B^2= 49
C^2= 841/9
C= sqr(c^2) = 29/3 or 9 2/3
Using the Pythagorean Theorem you do
6 2/3 squared + 7 squared
93 4/9 then you find the square root
And it leaves you with
9 2/3
and g(x)=x-9 then what is f(g(13))
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Step-by-step explanation:
f(g(13)) = =
=
=2
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Answer:
This is correct.
Step-by-step explanation:
Answers
Answer:
well 660
Step-by-step explanation:
well frist we will have to subtract 408 with every other number
408-138=270
270-111=159
this is what he had left
but if it's the other way around 410+140+110=660