Mathematics, 08.05.2021 20:10, kevin2920

The annual interest rate on a mortgage on a house assessed at a value of $450 000 is
5 cents on every $1. What is the interest
paid on the mortgage for the first year?
(A) $ 11 750
(B) $ 22 500
(C) $107 500
(D) $117 500

Answers: 2

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The annual interest rate on a mortgage on a house assessed at a value of $450 000 is
5 cents...