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content area top Part 1 Property worth $249 000.00 can be purchased for 8% down and mortgage payments of $1500.00 at the end of each

content area top Part 1 Property worth $249 000.00 can be purchased for 8% down and mortgage payments of $1500.00 at the end of each month for 25 years. What is the nominal annual rate of interest compounded monthly

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