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A borrower can obtain an 85 percent loan with an 6 percentinterest rate and monthly payments. The loan is to be fullyamortized over 25 years.

A borrower can obtain an 85 percent loan with an 6 percentinterest rate and monthly payments. The loan is to be fullyamortized over 25 years. Alternatively, he could obtain a 90percent loan at an 6 2 answers

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