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OpenStudy (anonymous):
Rush Trainer purchased a houseboat for $165,000. The financing company requires a 15% down payment for a 30-year loan at 7%. At the end of 30 years, what will be the total amount of interest charged? (Hint: First subtract the down payment from the purchase price to find the amount to be financed.)
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OpenStudy (anonymous):
OpenStudy (anonymous):
I subtract it but I dont know what to do next.
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