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August 1, 2015

Homework Help: business math

Posted by tina on Sunday, December 8, 2013 at 1:53am.

Bill's monthly payment is $1,056 per month. The principal is $100,000 at a rate of 12 1/2 percent for 35 years. The amount of interest for Bill's 1st payment is $1,011.67.

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