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A couple who wants to purchase a home with a price of 340000 has 100000 for a down payment. If they can get a 25
A couple who wants to purchase a home with a price of 340000 has 100000 for a down payment. If they can get a 25 year mortgage at 7% per year on the unpaid balance, find each of the following? A What will be their monthly payments? B What is the total amount they pay before they own the house outright? C How much interest will they pay over the life of the loan
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