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David purchases a home for $176,000. After a down payment of $32,000, he decides to have the rest financed on a 15 year loan at
David purchases a home for $176,000. After a down payment of $32,000, he decides to have the rest financed on a 15 year loan at 3.25% interest. Determine the following and round your answers to the nearest cent!
A) his monthly payment
B) the total amount David will pay for his home
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