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Mr.Flint took out a mortgage in order to buy a house. He agreed to pay $278.52 per month for 30 years in order to pay off the mortgage. What is the total amount he will pay during the 30 years?
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4 votes
Mr.Flint took out a mortgage in order to buy a house. He agreed to pay $278.52 per month for 30 years in order to pay off the mortgage. What is the total amount he will pay during the 30 years?

User Andreas Du Rietz
by
8.5k points

1 Answer

1 vote
100,276.20

explanation-
278.52 times 12 months
3,342.24 times 30
= 100,276.20
User Martjno
by
8.5k points
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