The lagan family bought a $150,000 home in 2002. they obtained a mortgage loan for 30 years. the monthly payments, not including property taxes and insurance, are $895.00. assuming these monthly payments do not change, how much interest will be paid on the house during the 30 years? (monthly payment)(12 months per year)(30 years) (895)(12)(30) = $322,200 total amount paid (principal and interest)
a) $322,200 of interest
b) $150,000 of interest
c) $172,200 of interest
d) $472,200 of interest
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The lagan family bought a $150,000 home in 2002. they obtained a mortgage loan for 30 years. the mon...
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