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shopaka12 shopaka12
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A month ago

Assume a selling price of $188,000, a down payment of $25,000, and a mortgage at 7.75% for 20 years. If the loan was for 25 years, what would be the difference in the total interest cost of the loan?

Note: Round your answer to the nearest cent.

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
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majudomminickmajudomminick
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A month ago
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shopaka12 Author
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A month ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Good timing, thanks!
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2 hours ago
Thanks
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