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A lady named Jalizebith and a dude named Horse, have a baby giraffeasaurus, and buy a house. They purchase a $190000 house using a down
A lady named Jalizebith and a dude named Horse, have a baby giraffeasaurus, and buy a house. They purchase a $190000 house using a down payment of $15000. They can amortize the balance at 5% over 25 years. a) What is their monthly payment? Answer = $ | b) What is the total interest paid? Answer = $ c) What is the equity after 5 years? Answer = $ d) What is the equity after 20 years? Answer = $
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