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OpenStudy (anonymous):
Marvin Bass bought a home for $180,000 putting down $50,000. The rate of interest is 14% for 25 years. Calculate the total cost of interest for Marvin Bass.
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OpenStudy (primeralph):
simple or compound?
OpenStudy (anonymous):
problem doesn't state that =/
OpenStudy (primeralph):
there's two basic types of interest. I'll give both formula here
OpenStudy (primeralph):
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