Question: Abhar bought a house for $525,000 using a 30-year fixed rate mortgage with a 6% annual rate of interest. If Abhar decided to pay $3,200/month

Abhar bought a house for $525,000 using a 30-year fixed rate mortgage with a 6% annual rate of interest. If Abhar decided to pay $3,200/month on a monthly basis, to the nearest month, how many months would he pay off his mortgage early?

He would pay off full mortgage off in 360 months

22

15

30

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