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Anonymous Anonymous
  • 20-11-2015
  • Mathematics
Answered

What is the total cost on a $225,000 mortgage at 5% interest for 30 years?

Verified Answer :

keet23
keet23 keet23
  • 20-11-2015

225,000(1+0.05*30)= $562,500 is the final answer

Answer Link
Lockette
Lockette Lockette
  • 20-11-2015

5%=5/100=0.05
=225000+ 0.05
=225500 the answer for 30 years
Hope i helped you

Answer Link

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