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3 September, 22:15

The smiths took out a 30 year mortgage. how many monthly payments will they make on this mortgage

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  1. 4 September, 02:11
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    360 monthly payments

    Step-by-step explanation:

    A single payment will be required every month to pay the mortgage. This will continue for 30 years.

    Mathematically;

    1 payment every month

    1year=12 months

    30 years=?

    Cross - multiply

    30*12=360 monthly payments
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