The house is 7 years old right now.
<h3>What are word problems in algebraic equations?</h3>
Word problems leading to algebraic equations are real-life problems that can be interpreted and solved with the use of variables and arithmetic operations.
From the information given:
- Let us assume that the age of the house is (m)
Now, the amount paid on the mortgage is:
m + 21
This is equal to 4 times as old as it is now;
i.e.
m + 21 = 4m
m- 4m = -21
-3m = -21
m = -21/-3
m = 7
Therefore, we can conclude that the house is 7 years old.
Learn more about word problems in the algebraic equations here:
brainly.com/question/21405634
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