jamjam84 jamjam84
  • 07-02-2020
  • Mathematics
contestada

Irwin purchased a $195,000 home with a 30-year mortgage at
5.55%. If makes a $1500 monthly mortgage payment, how
many months early will he pay off his mortgage?
A. 224 months
B. 127 months
C. 136 months
D. 160 months

Respuesta :

anayahx
anayahx anayahx
  • 07-02-2020
C. 160 months because $195,000/$1500+30 =160
Answer Link
littlexwing2005
littlexwing2005 littlexwing2005
  • 15-02-2021

Answer:

C.

Step-by-step explanation:

136 months

Answer Link

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