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WHY did you use 700 in your calculatioms ? TEDDE 03/08/06
    [ $25,000 PLUS an additional amount equal to interest on said $25,000 at
    the rate of 7% per annum for 14.8 years ]

    7% per annum equals to $1,750 times 14.8 years is $50,900

Summary of Answers Received Answered On Answered By Average Rating
1. average interest rate for some real estate loans...
 03/10/06 kkemperExcellent or Above Average Answer
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