ItsAriBizz ItsAriBizz
  • 25-02-2021
  • Business
contestada

Tyler's net income is approximately $40,000 annually. He has borrowed
$400,000 from the bank to buy a house (mortgage) and must pay 3% interest
each year. What is the cost of borrowing the money?*

Respuesta :

Novareaper
Novareaper Novareaper
  • 25-02-2021

Answer:

$400000 is the correct answer

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