Mathematics
Mathematics, 27.05.2021 03:20, cxttiemsp021

You want to purchase a home for $200,000. The loan will be compounded monthly, has a rate of 3%, and the term is 15 years. How
much money would you have saved (in interest) if you had $40,000 in cash
as a down-payment? Provide an numeric answer rounded to the nearest dollar.

answer
Answers: 2

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You want to purchase a home for $200,000. The loan will be compounded monthly, has a rate of 3%, an...

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