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3. I am considering selling my current home through an owner financed arrangement. I have been offered a $100,000 down payment (payable immediately) and $1,000

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3. I am considering selling my current home through an owner financed arrangement. I have been offered a $100,000 down payment (payable immediately) and $1,000 per month for 20 years with the first payment due immediately. If the appropriate discount rate is 6% APR compounded monthly, then what is the equivalent cash offer for my house

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