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Write an equation for the scenario. You take out a loan of $180,000 for a house. You have an interest rate of 3.9% annually.
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Write an equation for the scenario.

You take out a loan of $180,000 for a house. You have an interest rate of 3.9% annually.

User Rolfl
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1 Answer

4 votes

Answer:

simple interest =PTR/100=$180000×1×3.9/100=$7020

User Joseph Erickson
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