Register
Ronnie has purchased a $141,000 home with a 30-year mortgage at 5.15%. He can make a monthly payment of $1000. If he were to make this payment each month, how long will it take him to pay off his mortgage?
228k views
2 votes
Ronnie has purchased a $141,000 home with a 30-year mortgage at 5.15%.

He can make a monthly payment of $1000. If he were to make this payment
each month, how long will it take him to pay off his mortgage?​

User Rkagerer
by
6.0k points

1 Answer

3 votes

Answer:

217 months

Explanation:

User PratZ
by
5.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.8m questions

7.5m answers

Other Questions

Aliyah has $24 to spend on seven pencils. After buying them she had $10. How much did each pencil cost?
Evaluate a + b when a = –16.2 and b = –11.4 A. –27.6 B. –4.8 C. 4.8 D. 27.6
What is the value of x? (-4) - x = 5
Find the quotient of 3,078 ÷ 27. A) 104 B) 109 C) 114 D) 119
Can someone help me with 5??? ASAP?
Link Copied!