Mathematics
arithmetic reasoning

Question Description

Need help with my Mathematics question - I’m studying for my class.

the monthly interest on my house is 5%. If I paid $100.00 in interest this month, what was my mortgage bill?

Student has agreed that all tutoring, explanations, and answers provided by the tutor will be used to help in the learning process and in accordance with Studypool's honor code & terms of service.

Final Answer

Interest = 5%

Interest =$100

5% = 100

100% =100*100/5=100*20 =2000

Mortgage Bill =$2000

madhavant (2757)
UT Austin

Anonymous
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Anonymous
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Anonymous
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