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Mathematics, 24.10.2020 01:20 jeffcarpenter

Iveta takes out a mortgage of $100,000 to purchase a property. The interest rate is calculated as a simple interest rate of 5% per year. How much interest would Iveta have to pay after six years?

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Iveta takes out a mortgage of $100,000 to purchase a property. The interest rate is calculated as a...
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