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21 October, 07:13

Your parents are buying a house for $1857,500. They have a good credit rating, making a 20% down payment, and except to pay $1,575/month. The interest rate for the mortage is 4.65%. What must their realized income be before each month.

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  1. 21 October, 07:32
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    First you need to change percentage in to decimal
  2. 21 October, 07:40
    0
    Just divide 1575/30 and that should give you the answer.
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