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Step2247 [10]
3 years ago
15

Lizzy clar bought a home for $160,000, putting down $30,000. the rate of interest is 7% for 25 years. the total yearly mortgage

payment is:
Business
1 answer:
Cerrena [4.2K]3 years ago
8 0
160000-30000= 130,000
130,000 x 7%= 9100
9100 + 130000= 139100
139100/25 = 5564


The answer would be 5564.



I hope it helped you!
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