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19. Calculate the monthly payment for a home mortgage. Assume the amount borrowed is $400, 000. The number of years to make the mortgage payments

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19. Calculate the monthly payment for a home mortgage. Assume the amount borrowed is $400, 000. The number of years to make the mortgage payments = 25.0; market interest rate = 6.250/ 20. Consider a 20-year mortgage with a 5.5% interest rate and a 25% down payment. If you can afford a $1100 monthly payment, how large is the down payment

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