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Mathematics

Ryan wishes to purchase a new boat and can afford monthly payments of up to $900 per month. Finance is available, and the terms are that the loan lasts for 8 years and the

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Mathematics

If Bobby takes out a mortgage for 30 years at an interest rate of 4% and his monthly repayments are $835.48, what is the principal loan amount? Round your answer to the nearest

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Mathematics

Question 1 - Tom wishes to purchase a property that has been valued at $300,000. He has 25% of this amount available as a cash deposit and will require a mortgage for the

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