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Is the total amount of interest paid on a 30-year

Is the total amount of interest paid on a 30-year mortgage directly proportional to the interest rate of the loan? Explain.No,
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an investment earns 7.5% interest in one year. if the money is withdrawn before th year is up, the interest is protrated so that
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2. asked by heydog
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If your bank pays 5.5 percent interest on savings deposits, what is the simple interest paid in the third year on an initial
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2. asked by Wendi Jones
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Find the total amount to be paid back(that is,loan + interest) on these loans:#10 000 for 1 year at 9% simple interest per
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2. asked by Adebiyi Iyanuoluwa
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Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 40% down.
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2. asked by apryl
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Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 20% down.
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2. asked by Anonymous
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Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 40% down.
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2. asked by MONICA
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Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 40% down.
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2. asked by shirley
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the long-term note payable bears an interest of 12% per year. theunadjusted interest expense account equals the amount paid for
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2. asked by ben
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Mr.X invested a total of Rs.10,000 in three different accounts, the Accounts paid simple interest at an annual rate of 8%,9% and
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2. asked by Ana...... :)
3. 1,398 views