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Mathematics, 24.10.2020 08:30 awkwardness92
An executive wishes to take out a $1,200,000 mortgage. The yearly interest rate on the loan is 1.95% and the loan is for 20 years. Payments will be made monthly. Calculate the total interest payable.
Round your answer to the nearest thousand dollars.
Do NOT round until you have calculated the final answer.
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Answers: 3
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An executive wishes to take out a $1,200,000 mortgage. The yearly interest rate on the loan is 1.95%...
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