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irakobra [83]
3 years ago
15

Mark takes out a $238,000 mortgage for 30 years. Instead of paying his monthly payment of $1,220.09, he decides to pay $1,420.09

. This leads to Mark paying off the entire mortgage in 22 years and 5 months. Mark calculates the percent of the total loan he pays back in interest with and without the extra payments. What is the difference between Mark’s calculated percentages?
a) 8.1%
b) 13%
c) 37.7%
d) 45.87%
Mathematics
1 answer:
klasskru [66]3 years ago
8 0

Answer:

B

Step-by-step explanation:

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