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Thomas takes out a loan for $180,000 at a rate of 6.5% for 30 years. What is the total amount he will have paid for his house at the end of 30 years? PLEASE IM DOING TEST CORREC…

Thomas takes out a loan for $180,000 at a rate of 6.5% for 30 years. What is the total amount he will have paid for his house at the end of 30 years? PLEASE IM DOING TEST CORREC…
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Thomas takes out a loan for $180,000 at a rate of 6.5% for 30 years. What is the total amount he will have paid for his house at the end of 30 years? PLEASE IM DOING TEST CORRECTIONS I NEED THIS FASTTTT

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User Avinash Mishra
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1 Answer

9 votes
I think it’s $1,209,000 ? (180,000x6.5 divided by 30)
answered
User Hoper
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