arithmetic reasoning

Mathematics
Tutor: None Selected Time limit: 1 Day

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

Aug 18th, 2014

Interest = 5%

Interest =$100

5% = 100

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

Mortgage Bill =$2000

Aug 18th, 2014

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