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04-04-2021
Mathematics

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Richard deposits $193.67 every month into his mortgage. At the end of 30 years, he has a balance of $120,182.07. What interest has accrued (been earned) over 30 years?

Respuesta :

04-04-2021

193.67 x 12= 2316
1 year=$2316
2316 x 30years= 69,480
120,182.07 -69,480=50,702.07

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