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Licemer1 [7]
2 years ago
7

You are buying a house and you are financing the purchase with a mortgage of $130,000. The mortgage has a 30 year term and requi

res monthly payments. The mortgage charges an interest rate of 0.3% every month. What is the total interest payment over the life of the mortgage?
Mathematics
1 answer:
Shalnov [3]2 years ago
7 0

Answer:

130,000 -:- by 30 x 0.3 x 12 = 15,600.

Step-by-step explanation:

(I hope its right, Im not good at math)

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