chuckhodgkinson chuckhodgkinson

24-04-2019
Mathematics

contestada

How long pay off mortgage of 159000 at 5.05% with payment of 1300 a month

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tylerwelsh25 tylerwelsh25

24-04-2019

Answer: 129 Months

Step-by-step explanation:

159000/1300= 122.31 months

159000*0.0505=8,029.5

8.029.5/1300=6.18 months

122.31+6.18=128.49

you must round up to 129 months.

Also, the question is vague I think.

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angie4842 angie4842

26-06-2019

Answer:

APEX 173 MONTHS

Step-by-step explanation:

hope this helps

Answer Link

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