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Derek borrows $317,560.00 to buy a house. He has a 30-year mortgage with a rate of 5.23%. After making 136.00 payments, how much does he
Derek borrows $317,560.00 to buy a house. He has a 30-year mortgage with a rate of 5.23%. After making 136.00 payments, how much does he owe on the mortgage?
Derek borrows $43,922.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 6.39%. What will the payments be?
Derek borrows $317,560.00 to buy a house. He has a 30 -year mortgage with a rate of 5.23%. After making 136.00 payments, how much does he owe on the mortgage? Answer format: Currency: Round to: 2 decimal places. Derek borrows $43,922.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 6.39%. What will the payments be? Answer format: Currency: Round to: 2 decimal placesStep by Step Solution
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