Mathematics, 21.05.2021 22:30 PrincessAlaia01
Ben purchases a home for $200,000 with a 4% interest rate compounded annually for 30 years,
He determines that he will end up paying $240,000 in interest. If he is correct, explain how he
came to that number. If he is incorrect, use the space below to show how you found the actual
amount of interest he would owe.
Answers: 3
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Ben purchases a home for $200,000 with a 4% interest rate compounded annually for 30 years,
He dete...
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