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Mathematics, 06.05.2020 23:16 jahsehsgold

Gillian and Andrew just bought a home for $88,500 at a 4% interest rate for 30 years.

A. What will be their monthly payment?

B. If they only paid the minimum payment what will be their total in monthly payments?

C. How much interest will they pay if only paying the minimum monthly payment?

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Answers: 2

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Gillian and Andrew just bought a home for $88,500 at a 4% interest rate for 30 years.

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