Answer:
[tex]\text{ \$167,760}[/tex]Explanation:
Here, we want to get how much will be ppaid over the course of 30 years
From the question, we have it that he pays $466 monthly
Now, to get the amount he will pay over the course of the years, we have to understand that there are 12 months in a year
The total number of months for which he will be paying will be:
[tex]30\times\text{ 12 = 360}[/tex]He will be paying $466 per month for a total of 360 months
So, the total amount he is to pay is the product of this two
Mathematically, that would be:
[tex]360\times466\text{ = 167,760}[/tex]