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24-04-2024
Business

Answered

Jamie needs a new roof on her house. The cash cost is 5000. She decides to finance the project by paying 6.0 balance paid in 60 monthly payments of 93. a) What finance options are available to Jamie? Choose the correct option from the following:
1) Loan with 5% interest rate
2) Loan with 8% interest rate
3) Loan with 10% interest rate
4) Loan with 12% interest rate

Answer :

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