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Mathematics, 09.09.2019 19:30 miaaa0
Amutual fund manager wishes to purchase a property that's been valued at $1.5 m. she has $200,000 in cash to use as a deposit, and she will require a mortgage for the rest, which is to be paid monthly. the annual interest rate on the loan is 2.45% and the loan is for 25 years. calculate the total interest payable, giving your answer in dollars to the nearest hundred dollars. do not include commas or the dollar sign in your answer.
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Amutual fund manager wishes to purchase a property that's been valued at $1.5 m. she has $200,000 in...
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