document.write( "Question 1146130: A home with a mortgage of $105,000 for 30 years has mortgage payments of $789.60 per month. Determine the amount of total interest on this mortgage? \n" ); document.write( "
Algebra.Com's Answer #767426 by ankor@dixie-net.com(22740)![]() ![]() You can put this solution on YOUR website! A home with a mortgage of $105,000 for 30 years has mortgage payments of $789.60 per month. Determine the amount of total interest on this mortgage? \n" ); document.write( ": \n" ); document.write( "Find the total paid in 30 yrs \n" ); document.write( "30 * 12 * 789.6 = $284,256 \n" ); document.write( "Total - principal = interest \n" ); document.write( "284256 - 105000 = $179,256 paid in interest. \n" ); document.write( " |