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answer: 928.56, explanation needed. Use TMV calculator in explanation Question 29 (1 point) A home buyer buys a house for $225,000. She pays 20% cash,

answer: 928.56, explanation needed.
Use TMV calculator in explanation
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Question 29 (1 point) A home buyer buys a house for $225,000. She pays 20% cash, and takes a fixed-rate mortgage for the remaining over ten years at a quoted APR of 6.26% with semi-annual compounding. If she makes biweekly payments at the end of each period, which of the following is closest to each of her payments? Assume 26 biweekly periods per year. $1,165.07 $1,160.76 $937.50 $928.56 $915.08

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