caylaCAP225 caylaCAP225
  • 26-03-2024
  • Mathematics
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Your parents offer help by taking out a line of credit for 45,000 to buy the tiny house.They expect you to pay them back the full amount in 10years plus the interest that the bank will charge if you did not make the payments for 10years.What is the price that you would pay for this option if the rate of simple interest is prime rate%+2%

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