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Swiftly company purchased a building on January 2 by signing a long term 516600 mortgage with monthly payments of 4428 the mortgage carries an interest rate of 8 percent

Swiftly company purchased a building on January 2 by signing a long term 516600 mortgage with monthly payments of 4428 the mortgage carries an interest rate of 8 percent
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swiftly company purchased a building on January 2 by signing a long term 516600 mortgage with monthly payments of 4428 the mortgage carries an interest rate of 8 percent

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User Eduardo Teixeira
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1 Answer

1 vote

Answer:

The total amount of interest paid over the life of the mortgage is $209,789.12.

Step-by-step explanation:

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User Daneau
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