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Damon certain his aunt to lend him $two,000 to acquire a plasma electronic Tv set. She has agreed to cost only six per cent uncomplicated curiosity, and he has agreed to repay the mortgage at the end of 1 year. Simply how much curiosity will he pay for the year?
Checklist your total out there profits which includes wages, retirement, investments, and rental properties. You're not required to reveal cash flow which is alimony, child guidance or separate servicing Unless of course you ought to use that revenue to qualify for a financial loan.