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19 Question 12 10 Sarah is considering purchasing a house for a price of $187,000. The owner is willing to finance 85% of the purchase

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19 Question 12 10 Sarah is considering purchasing a house for a price of $187,000. The owner is willing to finance 85% of the purchase price with an 8% 1 mortgage with amortization over 15 years. What is the monthly payment on this mortgage? Answer 13 Loan to Value Ratio 34 PV (loan amount) 35 FV 36 Rate 37 Nper 38 PMT 39 m

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