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Mathematics, 25.11.2021 08:40 pgfrkypory2107

HELP PLEASE The price of a small cabin is $100,000. The bank requires a 5% down payment. The buyer is offered two mortgage options: 20 year fixed at 8% or 30 years fixed at 8%. Calculate the amount of interest paid for each option. How much does the buyer save in interest with the 20 year option?

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HELP PLEASE The price of a small cabin is $100,000. The bank requires a 5% down payment. The buyer...
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