santisammy237 santisammy237

10-11-2018
Mathematics

contestada

Joe and Victoria take out a $200,000 loan for a real estate investment. The $200,000 is compounded monthly for 20 years at a 4.5% interest rate.What is the estimated interest on this $200,000 loan?

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jesseDO jesseDO

10-11-2018

ninety thousand dollars

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