Mathematics, 09.05.2021 23:30 shaheedbrown06

The annual interest rate on a 15-year mortgage on a house assessed at a value of $450,000 is 5 cents on every $1. What is the interest paid on the mortgage for the first
year?

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The annual interest rate on a 15-year mortgage on a house assessed at a value of $450,000 is 5 cents on every $1. What is the interest paid on the mortgage for the first year?

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The annual interest rate on a 15-year mortgage on a house assessed at a value of $450,000 is 5 cents on every $1. What is the interest paid on the mortgage for the first
year?