freckles67 freckles67

19-11-2016
Mathematics

contestada

given a mortgage of 48,000 for 15 years with a rate if 11%, what are the total finance charges

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19-11-2016

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izzy20161 izzy20161

19-11-2016

interest formula is I=Pxrxt where (P) principal (r) rate % and (t) time

so 48000 X .11 X 15 = 79,200 as your answer

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