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Please help answer the below question B... round to the nearest cent Mr. Bill S. Preston. Esq., purchased a new house for exist100,000. He paid

Please help answer the below question "B"... round to the nearest cent

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Mr. Bill S. Preston. Esq., purchased a new house for exist100,000. He paid exist30,000 upfront and agreed to pay the rest over the next 30 years in 30 equal annual payments that include principal payments plus 13 percent compound interest on the unpaid balance. What will these equal payments be? a. Mr. Bill S. Preston. Esq., purchased a new house for exist100,000 and paid exist30,000 upfront. How much does he need to borrow to purchase the house? exist 70,000 b. If Bill agrees to pay the loan over the next 30 years in 30 equal end-of-year payments plus 13 percent compound interest on the unpaid balance, what will these equal payments be? exist

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