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Author Question: Solve the problem.Jackie Rambler purchased a home for $124,000. Oakwood Mortgage Company approved ... (Read 166 times)

casperchen82

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on: Feb 26, 2020
Solve the problem.


Jackie Rambler purchased a home for $124,000. Oakwood Mortgage Company approved her loan application for a 22-year fixed-rate loan at 6.25%. Jackie agreed to pay 20% of the purchase price as a down payment. How much interest would she have saved if she made the same loan with the same down payment for 12 years?
◦ $51,901.44
◦ $41,521.15
◦ $37,592.83
◦ $43,592.45
Business Math ¦ Cleaves, Hobbs, Noble ¦ 11th Edition
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Marked as best answer by casperchen82 on Feb 26, 2020

jsm54321

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Reply #1 on: Feb 26, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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casperchen82

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Reply 2 on: Feb 26, 2020
Thanks for the timely response, appreciate it

mammy1697

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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