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Mr albers borrowed 425000 from the bank for his new house

Mr. Albers borrowed $425,000 from the bank for his new house at an interest rate of 9%. He will make equal monthly payments for the next 30 years. How much money will he end up paying the bank over the life of the loan, and how much is the interest? How much will he owe after 20 years?

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Basic Computer Science: Mr albers borrowed 425000 from the bank for his new house

Reference No:- TGS01421970

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