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5) Val wants to buy a new house for $275 000. She has $12000 to pay as a down payment. She finds a 15- year

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5) Val wants to buy a new house for $275 000. She has $12000 to pay as a down payment. She finds a 15- year mortgage at 3.78% interest compounded monthly a) What is her monthly payment? b) With that monthly payment, how much will she have paid out of pocket over the life of the loan? c) How much will she end up paying in interest

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