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1) What will be the total interest paid on a 30-year mortgage loan
of $135,000 at 4.296 interest?

Respuesta :

Answer:

173 988

Step-by-step explanation:

£135,000 of   4.296% times 30

Convert the problem to an equation using the percentage formula: P% * X = Y.

P is 10%, X is 150, so the equation is 10% * 150 = Y.

Convert 10% to a decimal by removing the percent sign and dividing by 100: 10/100 = 0.10.