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Anna is buying a house selling for 2 2 5 , 0 0 0 . To obtain the mortgage, Anna is required to make a

Anna is buying a house selling for 225,000. To obtain the mortgage, Anna is required to make a 10% down payment. Anna obtains a 25-year mortgage with an interest rate of 6%
a) Determine the amount of the required down payment.
b) Determine the amount of the mortgage.
c) Determine the monthly payment for principal and interest.
PMT=L(rn)1-(1+rn)-nt
a) Determine the amount of the required down payment.
$
b) Determine the amount of the mortgage.
$
c) Determine the monthly payment for principal and interest.
$ (Round to the nearest cent.)
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