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13 votes
13 votes
The Robinsons bought a $269,000 house. They made a down payment of $47,000 and took out a mortgage for the rest. Over the course of 15 years they made monthly payments of $1873.37 on their mortgage until it was paid off. (a) What was the total amount they ended up paying for the house (including the down payment and monthly payments)? $0 (b) How much interest did they pay on the mortgage? $0 X​

User Asprin
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1 Answer

25 votes
25 votes
b)1873.37
15x12=180
1873.37x180=337,940
a)269,000+47,000=316,000
User Mqp
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