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Moses buys a home in Virginia for $139,000. He puts down 30% and obtains a mortgage for 25 years at ...

johnnyappleseed

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Moses buys a home in Virginia for $139,000. He puts down 30% and obtains a mortgage for 25 years at ...

Moses buys a home in Virginia for $139,000. He puts down 30% and obtains a mortgage for 25 years at 12%. The portion of the first payment that covers interest is:

▸

$52.54

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$1,025.54

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$973.00

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$97.30

▸

None of these

Textbook

Math for Business and Finance: an Algebraic Approach

Edition: 3^rd

Author: Slater

Read 42 times

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eggr0ll

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More solutions for this book are available here

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johnnyappleseed Author

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6 months ago

Correct

jcarter

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

kaytee23

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You make an excellent tutor!

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