Susie is paying $531.8 every month for her $150,000 mortgage. If this is a 30 year mortgage, how much interest will she pay over the 30 years of payments?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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Susie is paying $531.8 every month for her $150,000 mortgage. If this is a 30 year mortgage, how much interest will she pay over the 30 years of payments?

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