Question: The second file is for a client named Toomes, who also has a mortgage with the bank. The details you can gather for Toomes' loan

The second file is for a client named Toomes, who also

The second file is for a client named Toomes, who also has a mortgage with the bank. The details you can gather for Toomes' loan are as follows: Current loan outstanding: $408,000 Current monthly repayment: $1930 Next repayment: Due exactly 1 month from now Interest rate on loan: 112 =4.2% Using this information, determine the following: How much interest is Toomes charged for the coming month? Do NOT include a dollar sign in your

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