Mathematics
Mathematics, 02.04.2020 08:57, Rockey3876

How is the interest rate one of the biggest factors in calculating finance charges of credit cards?

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You have just applied, and have been approved for a $58,000 mortgage. the rate quoted to you by the lender is 6.1% for a 30 year fixed mortgage. determine how much of your third month’s payment goes towards the principal. $56.65 $56.93 $57.22 $57.51
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How is the interest rate one of the biggest factors in calculating finance charges of credit cards?...

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