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23 February, 03:09

The smith took out of 30 year mortgage. How many monthly payments will they have to make on this mortgage

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  1. 23 February, 05:27
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    Smith tool out of 30 years mortgage. Now how many monthly mortgage will they have to make this mortgage?

    Simply multiply 30 years with 12 months per year to get the total number of months.

    => In every 1 year, there are 12 months, thus in 30 years

    => 30 x 12 = 360 months.

    Smith will be paying 360 months of mortgage out of 30 years.

    12 times a year and 360 total in 30 years. Smith tool out of 30 years mortgage. Now how many monthly mortgage will they have to make this mortgage?

    Simply multiply 30 years with 12 months per year to get the total number of months.

    => In every 1 year, there are 12 months, thus in 30 years

    => 30 x 12 = 360 months.

    Smith will be paying 360 months of mortgage out of 30 years.

    12 times a year and 360 total in 30 years.
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