masonshields8 masonshields8

31-01-2017
Mathematics

contestada

Ken is financing a $355,000 mortgage for 30 years at a fixed rate of 7.55% what is the total cost of the principal and interest after 30 years

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brandoncarroll16 brandoncarroll16

31-01-2017

So over 30 years (or 30*12 = 360 months) you will have paid 2494.38*360 = $897,976.80

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