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NEED THIS ASAP!!! WILL MARK YOU BRILLIANTST Determine the total amount of money for $100,400 at 4.75% for 30 years.
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NEED THIS ASAP!!! WILL MARK YOU BRILLIANTST Determine the total amount of money for $100,400 at 4.75% for 30 years.
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Mathematics
4 years
2021-08-31T13:47:12+00:00
2021-08-31T13:47:12+00:00 1 Answers
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Answer:
To calculate just the total interest paid, simply subtract your principal amount P from the total amount paid C. At an interest rate of 5%, it would cost $168,510.40 in interest to borrow $200,000 for 30 years.
Step-by-step explanation: