Mathematics, 13.08.2020 21:01 lackin2056
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Your parents are buying a house for $187,500. They have a good credit rating, are making a 20% down payment, and expect to pay $1,575/month. The interest rate for the mortgage is 4.65%. What must their realized income be before each month?
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• the answer to the original question
• the mathematical steps for solving the problem demonstrating mathematical reasoning
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