How long would it take him to pay, Accounting Basics

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How long would it take him to pay

Mackenzie Roth has a 30 year, 5% mortgage on his home. The current monthly payment for the mortgage is 966.28. The current balance is $170,000. He can now afford a $1,500 monthly payment. How long would it take him to pay off his mortgage by making a $1,500 monthly payment?

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Accounting Basics: How long would it take him to pay

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Accounting Basics: How long would it take him to pay

Reference No:- TGS0704276

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Journal entries assuming an interest rate

Q : The option to purchase the equipment

Q : What type of lease is recorded by palmer

Q : How to find the book value at december

Q : How long would it take him to pay

Q : What is the probability that a business does not fail

Q : Explain probability that a business is not owners venture

Q : Gulf coast resins company processes

Q : Find the probability that you get both a raise

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: How long would it take him to pay

Reference No:- TGS0704276

Recent Questions Asked Accounting Basics

Q : Journal entries assuming an interest rate

Q : The option to purchase the equipment

Q : What type of lease is recorded by palmer

Q : How to find the book value at december

Q : How long would it take him to pay

Q : What is the probability that a business does not fail

Q : Explain probability that a business is not owners venture

Q : Gulf coast resins company processes

Q : Find the probability that you get both a raise

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