Given a mortgage of 48,000 for 15 years with a rate if 11%, what are the total finance charges

Mathematics

2 answers:

ExtremeBDS [4]3 years ago

8 0

Interest formula is I=Pxrxt where (P) principal (r) rate % and (t) time

so 48000 X .11 X 15 = 79,200 as your answer

earnstyle [38]3 years ago

4 0

Brainly is good and educational for me.

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