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Kazeer [188]
3 years ago
5

Jacob obtained a 15-year, $245,900 for his new vacation home. The interest rate is 5.5% and his monthly payment is $2,009.21. Fo

r the first payment, find the new balance to the nearest cent.
Mathematics
1 answer:
Blizzard [7]3 years ago
3 0
He would pay $2119.72 and his remaing balance would be $243,780.28
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