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C FL 27 I12% c. You want to buy a house that costs $1,200,000. You need to puta 20% down payment. If the mortgage rate

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FL 27 I12% c. You want to buy a house that costs $1,200,000. You need to puta 20% down payment. If the mortgage rate is 6% for a 30 year mortgage, what is your monthly mortgage payment? Assume you don't have the $20,000 yet. You have $10,000. How long will it take that money to grow to $20,000 if you earn a return of 9%? Pu= 10 000 FU :20000

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