Mathematics, 09.04.2021 19:20 NotYourStudent
Jim takes out a mortgage for 30 years at an interest rate of 2.49% and his monthly repayments are $986.50. What is the principal loan amount? Round your answer to the nearest ten thousand dollars. Do NOT round until you have calculated the final answer.
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Jim takes out a mortgage for 30 years at an interest rate of 2.49% and his monthly repayments are $9...
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