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Mathematics 9 Online
OpenStudy (anonymous):

Chris is buying a house for $154,230. He made a down payment of $18,630 and will finance $135,600. He gets a 25-year, fixed rate loan with a rate of 7.535%. How much interest will he pay over the life of his loan?

OpenStudy (anonymous):

Are you really that skinny though?

OpenStudy (anonymous):

Jp

OpenStudy (anonymous):

@zaphodplaysitsafe

OpenStudy (espex):

Are you using simple interest here (i=prt) or would you be compounding it over time?

OpenStudy (anonymous):

i think th simple interest formula would p be 154,230?

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