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. 1. A borrower can obtain an 30% loan wi'd1 an 8% interest rate and monthly payments. The loan is to be fully amortized over

. 1. A borrower can obtain an 30% loan wi'd1 an 8% interest rate and monthly payments. The loan is to be fully amortized over 25 years. Alternatively, he could obtain 90% loan at an 3.5 5% rate wi...

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