A 30 year fixed rate mortgage at 4.5% with principal of $150,000 has a monthly payment of $760 per month. After 30 years, what is the total amount spent on interest?
A) $6,750
B) $123,600
c) $156,750
D) $273,600

A 30 year fixed rate mortgage at 4.5% with principal of $150,000 has a monthly payment of $760 per month. After

30 years, what is the total amount spent on interest?

A) $6,750

B) $123,600

c) $156,750

D) $273,600

Step-by-step explanation:

exa:

)

3+11

14

step-by-step explanation:

from this example, we can see that subtracting with integers is the same as adding the opposite. we can solve using a number line or by using the saying "keep, change, change" to us solve. it is important to remember that we can subtract a negative and end up with a larger number than we started with.