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Tyler's net income is approximately $40,000 annually. He has borrowed $400,000 from the bank to buy a house (mortgage) and must pay 3% interest each year. What is the cost …
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Tyler's net income is approximately $40,000 annually. He has borrowed $400,000 from the bank to buy a house (mortgage) and must pay 3% interest each year. What is the cost …
asked
May 11, 2022
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Tyler's net income is approximately $40,000 annually. He has borrowed
$400,000 from the bank to buy a house (mortgage) and must pay 3% interest
each year. What is the cost of borrowing the money?*
Business
high-school
Syed Shibli
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Syed Shibli
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Answer:
$400000 is the correct answer
Nodak
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May 16, 2022
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Nodak
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