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发帖数: 5638 | 1 On January 2, 1990, the Philips paid $50,000 cash and obtained a $200,000
mortgage to purchase a home. In 1993 they borrowed $15,000 secured by their
home, and used the cash to add a new room to their residence. That same year
they took out a $5,000 auto loan.
The following information pertains to interest paid in 1993:
Mortgage interest $17,000
Interest on room construction loan $1500
Auto Loan interest $500
For 1993, how much interest i |
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