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Using this table as needed, calculate the required information for the mortgage. Amount Financed Interest Rate Term of Loan (years) Number of $1,000s Financed Table
Using this table as needed, calculate the required information for the mortgage.
Amount Financed | Interest Rate | Term of Loan (years) | Number of $1,000s Financed | Table Factor (in $) | Monthly Payment (in $) | Total Interest (in $) |
---|---|---|---|---|---|---|
$85,500 | 8.00% | 30 | $ | $ | $ |
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