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A grocery store sells for $450,000 and a 34% down payment is made. A 25-year mortgage at 5% is obtained. Do not round intermediate

A grocery store sells for $450,000 and a 34% down payment is made. A 25-year mortgage at 5% is obtained. Do

A grocery store sells for $450,000 and a 34% down payment is made. A 25-year mortgage at 5% is obtained. Do not round intermediate calculations. Round your answers in (a)-(d) to two decimal places, if necessary. Use the formula below as needed. Part 1 of 4 (a) Find the down payment. The down payment is $ 153,000 Part: 1/4 Part 2 of 4 M= (b) Find the amount of the mortgage. The amount of the mortgage is $450,000 nt

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