Thomas has purchased a $129,000 home with a 30-year mortgage at 5.25%.
He can make a monthly p...
Mathematics, 03.03.2020 01:55 peteh5
Thomas has purchased a $129,000 home with a 30-year mortgage at 5.25%.
He can make a monthly payment of $1050. If he were to make this payment
each month, how long will it take him to pay off his mortgage?
A. 217 months
B. 197 months
c. 177 months
D. 222 months
Answers: 2
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