Asked by jasmine

52,000 for a loan and a monthly payment of 450.23 for 30 years ?

Answers

Answered by Henry
30yrs * 12mo/yr. = 360 Mo.

P = 450.23/mo. * 360mo. = 162,082.80

Cost = P-Po = 162,082.80 - 52,000 = 110,082.80
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