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Dick and Jane have just purchased a house and are calculating how much money they will need when the closing day rolls around.The purchase price

Dick and Jane have just purchased a house and are calculating how much money they will need when the closing day rolls around.The purchase price is $200,000.They will make a 20%down payment, and they must pay two points on the loan.Closing costs should be 3% of the purchase price.what is the total dollarv amount they will need at closing?

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