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Updated over 8 years ago on . Most recent reply

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Yadi Molina
  • Miami, FL
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real estate practice math question

Yadi Molina
  • Miami, FL
Posted

Can anyone please help me solve this math question? I do not understand it...

a bank gives a mortgage loan for 80% of the sales price at an interest rate of 8%. the interest portion of the first month's payment is $192. What is the selling price?

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