Question

Tom owns a $160,000 home, for which he has a 30-year mortgage in the amount of $900 a month. Once he has paid off the mortgage, how much will he have paid in interest?







A.

$164,000








B.

$140,000








C.

$111,000








D.

$141,000

Answer 1

A?? i think cuz 900 X 12 X 30 = 324000, and you subtract 324000-160000 and get 164,000..

Answer 2

Smart!!!!!

Answer 3

haha.. :P