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Mathematics, 31.05.2020 13:57 steve4020

Mr. Maxwell White bought a house at the cost of GHȼ250,000,000.00. He paid 20% of the cost out of his own resources an took a loan for the remaining amount at 2 1⁄2 % simple interest per annum. Calculate the total amount Mr. Maxwell White paid for the house, if he paid the loan 8 years later.

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