27-04-2022
Mathematics

contestada

Jill Barley obtained a 25-year, $145,117 mortgage loan from University Savings and Loan Association. The
interest rate is 6 percent. The monthly payment is $1,800.00. For the first payment, what is he interest?

Respuesta :

Mathsisherd Mathsisherd

27-04-2022

Answer:

175,424.02

Step-by-step explanation:

multiply 145,117 by 106%

multiply 1800 by 12 (months in a year)

add 21600 to 153,824.02

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