<PRE><B>Question 1202998</B>
Roberto bought a $230,000 house, paying 20% down, and financing the rest at 4% interest for 30 years.
 His monthly payments are $878.44.
 How much will he really pay for his $230,000 house?
:
Down payment .20(23000) = $46,000
Mort: 878.44 * 12 * 30 = $312,238.40
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total paid for the house: $362,238.40
:
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