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OpenStudy (anonymous):
Carlita Rodriguez and her brother purchased a house for $156,600. Neighbors Credit Union financed their loan for 30 years at 7% with 20% down. For the first monthly payment, what is the interest?
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OpenStudy (dumbcow):
\[156,600 * 0.8* \frac{.07}{12}\]
OpenStudy (anonymous):
Thank you (:
OpenStudy (dumbcow):
:)
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