Answered: Suppose you have a 30 year mortgage for…

Suppose you have a 30 year mortgage for 221,564 with quarterly payments of 5,552 what is the total amount of interest you paid for your mortgage

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter5: Making Automobile And Housing Decisions

Section: Chapter Questions

Problem 10FPE

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Suppose you have a 30 year mortgage for 221,564 with quarterly payments of 5,552 what is the total amount of interest you paid for your mortgage

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