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A couple wants to purchase a home with a price of 250000 has 50000 for a down payment. If they can get a 20 year
A couple wants to purchase a home with a price of 250000 has 50000 for a down payment. If they can get a 20 year mortgage at 8% per year on the unpaid balance. A What will there monthly payments be? B What is the total amount they will pay before they own the house outright? C How much interest will they pay over the life of the loan
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