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April 20, 2014

Homework Help: math

Posted by m on Thursday, November 4, 2010 at 3:35pm.

Stephen said that the ratio of his mortgage to the sales price of his house is 7 to 6. Is this reasonable? Explain your answer.

I said yes it is reasonable. Stephen would pay 7 dollars for every 6 he borrowed. We don't know the sales price or how long the mortgage is and we can only go with the information given. Is this right?

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