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Mathematics, 03.07.2021 21:20 stepromero01

Gabi wants to buy a flat. The cost of the flat is £175 000
The bank uses this formula to work out the mortgage Gabi can get.
M= 4.625A
M = mortgage (£)
A = annual income (£)
Gabi has an annual income of £34 000
She will have to pay a deposit for the flat.
The deposit is the difference between the cost of the flat and the mortgage.
(a) Work out the deposit Gabi will have to pay.

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