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April 18, 2014

April 18, 2014

Posted by **Pascal** on Thursday, May 26, 2011 at 1:23am.

- business math -
**Reiny**, Thursday, May 26, 2011 at 7:28amI am sure you can count days on a calendar just as well as I can.

- business math -
**ivet**, Monday, June 20, 2011 at 12:13pmBen and Mal Scott plan to buy a home for $272,900. They will make a 10% down payment, and qualify for a 25-year, 7% mortgage loan.

a. What is the amount of their monthly payment?

b. how much interest will they pay over the life of the loan?

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