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2. You purchase a home for $240,000, putting 10% down, and financing the rest with a fixed APR of 5.9% for 30 years. a) Find

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2. You purchase a home for $240,000, putting 10% down, and financing the rest with a fixed APR of 5.9% for 30 years. a) Find the amount that you finance. 12 pts) b) Calculate the monthly payment. [4 pts] c) What was the total amount that you paid to the bank for your loan? [2 pts) d) How much did you pay in interest over the term of the loan? [2 pts

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