The monthly payment p on a mortgage varies directly with the amount borrowed B. If the monthly
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The monthly payment p on a mortgage varies directly with the amount borrowed B. If the monthly payment on a 30-year mortgage is $6.49 for every $1000 borrowed, find a linear equation that relates the monthly payment p to the amount borrowed B for a mortgage with the same terms. Then find the monthly payment p when the amount borrowed B is $145,000.
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Related Book For
Precalculus Concepts Through Functions A Unit Circle Approach To Trigonometry
ISBN: 9780137945139
5th Edition
Authors: Michael Sullivan
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