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1. 18 points) You want to purchase a no down in cash and finance the balanc mortgage payment? purchase a new condominium which costs $320,000.

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1. 18 points) You want to purchase a no down in cash and finance the balanc mortgage payment? purchase a new condominium which costs $320,000. Your plan is to pay 20 percent nce the balance over 20 years at an APR of 5.25%. What will be your monthly

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