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Posted by on Monday, January 21, 2013 at 6:36pm.

Mile and Rosalyn borrow $70,000 to purchase a home. If the monthly interest payment is $787.50.
What is the rate of interest?

  • real estate - , Monday, January 21, 2013 at 6:45pm

    We can't tell because we don't know how long the mortgage is for.

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