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Mathematics 12 Online
OpenStudy (anonymous):

Help Did I solve right?

OpenStudy (anonymous):

Walker is buying a house for $225,000. He is financing $195,000 and obtained a 30-year, fixed-rate mortgage with a 6.625% interest rate. How much are his monthly payments? The principal is 195,000 right?

OpenStudy (anonymous):

that is all I need to know. I have the answer. But I wanna make sure that 195,000 is the principal

OpenStudy (anonymous):

195 for the principal, coreect--that's all he is borrowing

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