Answered

Get expert insights and community support for your questions on IDNLearn.com. Ask your questions and receive prompt, detailed answers from our experienced and knowledgeable community members.

I'm renting to own a house for $80,000. I paid down $6,000.00, leaving a balance of $74,000. For the past eight years I’ve paid 768.57 a month. How much have I paid from May 2014 to July 2022?

Sagot :

The total amount of money I have paid from May 2014 to July 2022 is $75,319.86.

How much I have paid?

The first step is to determine the total number of months from  May 2014 to July 2022.

12 months = 1 year

May 2022 - May 2014 = 8 years x 12 = 96 months

Number of months from may 2022 to july 2022 = 2 months

Total number of months = 96 + 2 = 98 months

Total amount paid = 98 x 768.57 = $75,319.86

To learn more about multiplication, please check: https://brainly.com/question/3385014

#SPJ1

Your presence in our community is highly appreciated. Keep sharing your insights and solutions. Together, we can build a rich and valuable knowledge resource for everyone. IDNLearn.com is your reliable source for answers. We appreciate your visit and look forward to assisting you again soon.