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The monthly payments on a 20-year loan of $35,000 at 5.3% interest are $236.82. (a) What is the total amount paid over the 20 years?
The monthly payments on a 20-year loan of $35,000 at 5.3% interest are $236.82.
(a) What is the total amount paid over the 20 years? $ (b) What is the total amount of interest paid?
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Applications In Energy Finance
Authors: Christos Floros, Ioannis Chatziantoniou
1st Edition
3030929566, 978-3030929565
