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Contact [7]
3 years ago
12

Randall is purchasing a home priced at 220,000he agrees on 4.7% intrest over 20 years and the bank tells him that’s after his do

wn payment his monthly payment will be 1280.93 what will Randall payment be over lifetime of mortgage
Mathematics
1 answer:
nataly862011 [7]3 years ago
8 0

9514 1404 393

Answer:

  307,423.20

Step-by-step explanation:

Randall's total of monthly payments is ...

  (1280.93/mo)(240 mo) = 307,423.20

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