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I need help please!!!! Harry has a fixed rate mortgage o 717000 at 7.3% for 15 years. The monthly payments are 6565.45. How much will Harry pay in interest after 15 years? A. $464,781 B. $52,341 C. $1,181,781 D. $769,341
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im solving right now, and ill inform you
Ok thank you so much
no problem
is 7.3 the mortgage rate or interest rate, if it says so?
Its the fixed mortgage rate
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we wouldn't be requiring anything but Interest = monthly installment*12*15 - Principal
this comes out to be $464781
ok i have not much knowledge on this, but if i had an estimation of... maybe a
@Killer_Sweetness97 i hope u get this
Thank you guys so much
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sure thing! @Killer_Sweetness97
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