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A man wants to borrow $125,000 for 30 years. He will pay 8.5% interest. What will be his monthly payments? a) $961.25 b) $1231.25 c) $1080 d) $1085
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4 votes
A man wants to borrow $125,000 for 30 years. He will pay 8.5% interest. What will be his monthly payments?

a) $961.25
b) $1231.25
c) $1080
d) $1085

User Amin Golmahalleh
by
8.7k points

2 Answers

5 votes
The answer is a) $961.25
User Danizavtz
by
8.7k points
3 votes

it will be A .......................................

User Yasika Patel
by
7.8k points
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