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Part 1

Stephen has just purchased a home for ​$124 comma 000. A mortgage company has approved his loan application for a​ 30-year fixed-rate loan at 5.00​%. Stephen has agreed to pay 30​% of the purchase price as a down payment. Find the total interest Stephen will pay if he pays the loan on schedule.

asked by guest
on Nov 24, 2024 at 3:02 pm



Mathbot Says...

I wasn't able to parse your question, but the HE.NET team is hard at work making me smarter.


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