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2 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

1 answer:

nataly862011 [7]2 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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