Register

Suppose you take out a 30 year mortgage for $210,488 at an annual interest rate of 3.8%. After 20 years, you refinance to an annual rate of 1.3% How much interest did you pay on…

Suppose you take out a 30 year mortgage for $210,488 at an annual interest rate of 3.8%. After 20 years, you refinance to an annual rate of 1.3% How much interest did you pay on…
132k views
5 votes
Suppose you take out a 30 year mortgage for $210,488 at an annual interest rate of 3.8%. After 20 years, you refinance to an annual rate of 1.3% How much interest did you pay on this loan? Round answer to the nearest dollar.

User GiDo
by
7.5k points

1 Answer

4 votes

Answer:210493.1

Explanation:

User DavidN
by
7.5k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
The cost of 5 similar digital cameras and 3 similar video cameras is 3213. Each video camera costs 4 times as much as each digital camera. John buys a digital camera and a video camera. How much does he
Link Copied!