SOLUTION: PLEASE HELP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Find the total amount of interest to be paid on a 30 year term on a $60,000 mortgage to be amortized at 7.5% interest.
TTHANK Y
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-> SOLUTION: PLEASE HELP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Find the total amount of interest to be paid on a 30 year term on a $60,000 mortgage to be amortized at 7.5% interest.
TTHANK Y
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Question 683251: PLEASE HELP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Find the total amount of interest to be paid on a 30 year term on a $60,000 mortgage to be amortized at 7.5% interest.
TTHANK YOU!!!! Found 2 solutions by finly36, Alan3354:Answer by finly36(7) (Show Source):
You can put this solution on YOUR website! OK
7.5% as a decimal is .075
so multiply 60,000 and .075 you get 4500
so you add those together and your total amount you will have to pay is $ 64,500
You can put this solution on YOUR website! Find the total amount of interest to be paid on a 30 year term on a $60,000 mortgage to be amortized at 7.5% interest.
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