Mathematics, 18.03.2021 01:50 missfuture2020p5umxt

Ms. Boord is looking to buy a house. She is going to need to take out a mortgage loan. The equation y = 400,000(1.028)^x represents how much money she will have to pay the bank. What do the 400,000 and the 1.028 mean in this equation? (Hint: one of them involves a percent!)

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Ms. Boord is looking to buy a house. She is going to need to take out a mortgage loan. The equation...

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