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# Rounding in the calculation of monthly interest rates is discouraged. such rounding can lead to answers different from those presented here. for long-term loans, the differences may be pronounced. several years ago bill got a home mortgage of \$125,000 with a term of 30 years at an apr of 9%. use the monthly payments for long-term loans rule of thumb to estimate his monthly payment. \$ compare this estimate with what the monthly payment formula gives. (round your answer to the nearest integer.) ### Another question on Mathematics Mathematics, 04.02.2019 18:44
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Rounding in the calculation of monthly interest rates is discouraged. such rounding can lead to answ...
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